UK Take-Home Pay Calculator 2026/27

Enter your salary to instantly see your take-home pay, income tax, National Insurance, pension and student loan deductions, all under the latest HMRC rules.

Your take-home pay

£2,431a month

£29,171 a year · £561 a week

Out of £3,125 gross a month

Take-home pay£2,43177.8%
Your pension+ £94 from your employer£1565.0%
Income tax£38412.3%
National Insurance£1544.9%

HMRC 2026/27 rates, updated 6 April 2026

Full breakdown (2026/27)

	Year	Month	Week
Gross income	£37,500	£3,125	£721
Your pension	£1,875	£156	£36
Employer pension	£1,125	£94	£22
Taxable income	£35,625	£2,969	£685
Personal allowance	£12,570	-	-
National Insurance	£1,843	£154	£35
Income tax	£4,611	£384	£89
Take-home pay	£29,171	£2,431	£561
Added to pension	£3,000	£250	£58

If you invested £181 each month into an ISA after covering your expenses, you could make £108,173 over 25 years: +£53,905 on top of what you put in, thanks to compounding returns.

See how

Explore your finances

Model your expenses, project your wealth, and find your path to financial independence, using the pay figures above.

Disclaimer These tools are for information only and the authors assume no liability for your actions. It is not financial advice and should not be taken as such. To get independent financial advice from a qualified expert, visit Unbiased.co.uk.

Financial independence

Financial independence means having enough saved that your outgoings are covered for the rest of your life.

At these income and outgoings levels, you are on track to achieve a sustainable retirement, retiring at age 66.

In today's money, you'll have at least £21,600 / year (£1,800 / month) when you retire at 66 - just from your savings
In real terms, that's £38,340 / year (£3,195 / month)
That means all your outgoings are covered without having to make any further contributions!
All your expenses are covered for your retirement, but your wealth may start to decrease towards old age

Where your £3,125 a month goes

Essentials£1,750
Everything else£500
Tax and NI£538
Pension£156
Left to invest in your ISA£181

Projected wealth

Estimated income over 50 years, in today's money, with a 5% annual return and 0.35% yearly platform and fund fees.

Projected pension

Your pension pot over 31 years at three growth rates, after 0.35% fees, in today's money.

Calculations

FI Target = Annual outgoings (£21,600) * Years needed for 4.00% SWR (25.00) = £540,000
Invested annual pension = £3,000
Invested annual surplus = £2,171
Inflation of 2.5% / year
Assumes New State Pension, payments increasing with inflation (2.5% / year)
Assumes student loans last 30 years max
Assumes a flex-drawdown pension for illustration purposes
Assumes you draw down pension up to the higher rate bracket (£50,270), then draw down your S&S ISA
Pension lump sums are not included

More calculators

Go further with our suite of UK financial tools.

Pay guides

Understand what people earn across different roles and sectors.

All job pay guides

Bars show each sector's typical pay range on a shared £0 to £260k scale.

About Saving Tool UK

Saving Tool UK is a free, comprehensive personal finance tool for UK taxpayers. Enter your salary, pension contributions, and other income details to instantly see your take-home pay after income tax, National Insurance, and any student loan repayments.

All calculations reflect the 2026/27 tax year and cover England, Wales, Northern Ireland, and Scotland.

What the calculator covers

Income Tax: All UK regions, including Scottish rates
National Insurance: Class 1 employee contributions
Pension contributions: Employee, employer and salary sacrifice
Student loan repayments: Plans 1, 2, 4, 5 and Postgraduate Loan
Benefits in kind: Company cars, private medical insurance and more
Wealth projection: Model expenses and project your net worth
Financial independence: Estimate when your investments can sustain your lifestyle

Income Tax Rates 2026/27

The personal allowance falls by £1 for every £2 earned above £100,000, reaching £0 at £125,140.

England, Wales and Northern Ireland

Band	Taxable Income	Rate	Max Tax
Personal Allowance	Up to £12,570	0%	£0
Basic Rate	£12,571 – £50,270	20%	£7,540
Higher Rate	£50,271 – £125,140	40%	£29,948
Additional Rate	Over £125,140	45%	—

Scotland

Band	Taxable Income	Rate
Personal Allowance	Up to £12,570	0%
Starter Rate	£12,571 – £16,537	19%
Basic Rate	£16,538 – £29,526	20%
Intermediate Rate	£29,527 – £43,662	21%
Higher Rate	£43,663 – £75,000	42%
Advanced Rate	£75,001 – £125,140	45%
Top Rate	Over £125,140	48%

National Insurance 2026/27 (Class 1)

Earnings Band	Employee Rate
Up to £12,570	0%
£12,571 – £50,270	8%
Over £50,270	2%

Frequently Asked Questions

Common questions about how the calculator works.

How is my take-home pay calculated?

Your gross salary is reduced by income tax, National Insurance, pension contributions, and any student loan repayments. The result is your net (take-home) pay. The calculator also accounts for the personal allowance taper for earnings above £100,000.

What is the personal allowance for 2026/27?

The standard personal allowance is £12,570. It reduces by £1 for every £2 earned above £100,000 and reaches £0 at £125,140.

Does this cover self-employed income?

The main calculator focuses on PAYE employment income. For contracting and umbrella scenarios, use our IR35 Calculator and Umbrella Calculator.

Can I use this for Scottish tax rates?

Yes. Select Scotland in the tax region selector to apply Scottish income tax bands, which differ from the rest of the UK from the Starter Rate upwards.