You've done the maths. Now get the insights.
Discover the financial insights that most people with your income overlook
Discover the financial insights that most people with your income overlook
Get My Insights →Your taxes (2025/26)
| Year | Month | Week | |
|---|---|---|---|
| Gross Income | £38,000 | £3,167 | £731 |
| Pension Contributions£380 Saved! | £1,900 | £158 | £37 |
| Employer Pension ContributionsPot Increased | £1,140 | £95 | £22 |
| Taxable Income | £36,100 | £3,008 | £694 |
| Personal allowance | £12,570 | - | - |
| National Insurance | £1,881 | £157 | £36 |
| Income Tax | £4,706 | £392 | £91 |
| Take Home Pay | £29,513 | £2,459 | £568 |
| Added to Pension | £3,040 | £253 | £58 |
| Opportunities Found | View My Opportunities → | ||
More Free Calculators
Go further with our suite of UK financial tools.
- 🏠Work out your monthly repayments and total borrowing cost.
- 🏡Calculate SDLT on your property purchase in England or NI.
- 📈Model how your savings and investments grow over time.
- 🎯Find out how much you need in your pot to retire comfortably.
- 💼Model your pension contributions and long-term pot growth.
- 🌂Estimate take-home pay when working via an umbrella company.
- 📋Compare contractor take-home pay under both IR35 scenarios.
Pay Guides
Understand what people earn across different roles and sectors.
- 🏥See take-home pay across all NHS Agenda for Change bands.
- 🖥️Typical salaries for software engineers across the UK.
- 🍎Salary ranges for teachers in England and Wales.
- 👮Pay scales for police officers across UK forces.
- 🩺NHS and private sector nursing salaries by band.
- 👨⚕️Earnings for salaried and partner GPs in the NHS.
- ⚙️Salary ranges for mechanical engineers in the UK.
- 🏗️Typical pay for civil engineers across experience levels.
- ⚖️UK solicitor salaries from NQ through to partner level.
- 💰Explore typical salaries and take-home pay by profession.
Explore Your Finances
Model your expenses, project your wealth, and find your path to financial independence.
Your Monthly Outgoings
Projected Pension
Wealth & Financial Independence More Info
- In today's money, you'll have at least £21,600 / year (£1,800 / month) when you stop working at 66 - just from your savings
- In real terms (where inflation is not removed), that's £38,340 / year (£3,195 / month)
- That means all your outgoings are covered without having to make any further contributions!
- You may be able to retire earlier - try adjusting the retirement age field
Projected Wealth
- FI Target = Annual outgoings (£21,600) * Years needed for 4.00% SWR (25.00) = £540,000
- Invested annual pension = £3,040
- Invested annual surplus = £2,513
- 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
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. You can then go further by modelling your expenses, projecting your wealth, and planning for financial independence.
All calculations reflect the 2025/26 tax year and cover England, Wales, Northern Ireland, and Scotland.
What the Calculator Covers
- Income tax: across 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 over time
- Financial independence: estimate when your investments can sustain your lifestyle
Income Tax Rates 2025/26
England, Wales & 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 – £14,876 | 19% |
| Basic Rate | £14,877 – £25,561 | 20% |
| Intermediate Rate | £25,562 – £43,662 | 21% |
| Higher Rate | £43,663 – £125,140 | 42% |
| Top Rate | Over £125,140 | 47% |
National Insurance 2025/26
| Earnings Band | Employee Rate (Class 1) |
|---|---|
| Up to £12,570 | 0% |
| £12,571 – £50,270 | 8% |
| Over £50,270 | 2% |
Frequently Asked Questions
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 2025/26?
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, see the IR35 Calculator and Umbrella Calculator.
Can I use this for Scottish tax rates?
Yes. Select Scotland in the tax region dropdown to apply the Scottish income tax bands, which differ from the rest of the UK from the Starter Rate upwards.