Take-Home Pay Calculator 2026/27
Enter your gross salary to see exactly what lands in your bank account after income tax, National Insurance, pension contributions and student loan — a year, a month and a week.
Last updated 4 July 2026 · Written and reviewed by Mustafa Bilgic
Take-home pay calculator
England, Wales & Northern Ireland, 2026/27 rates.
Estimate for England, Wales & NI. Scotland has different tax bands. Confirm on GOV.UK.
How take-home pay is worked out
Your take-home pay — sometimes called net pay — is what's left of your gross salary after four deductions come off through PAYE: income tax, National Insurance, any workplace pension contribution, and a student loan repayment if you have one. This calculator applies the 2026/27 rates for England, Wales and Northern Ireland and shows the result three ways — a year, a month and a week — so it matches whatever cycle your employer pays you on.
On a £35,000 salary with no pension or student loan, income tax is £4,486 and National Insurance is £1,794.40, leaving take-home pay of about £28,719.60 a year — roughly £2,393 a month.
Income tax and National Insurance in 2026/27
You pay no income tax on the first £12,570 (your personal allowance), 20% on the slice up to £50,270, 40% up to £125,140 and 45% above that. National Insurance is separate: employees pay 8% between £12,570 and £50,270, then 2% on anything above. Both sets of thresholds are frozen, so as pay rises a little more is taxed each year. Our National Insurance calculator and income tax rates guide break each one down in full.
| Salary | Income tax | NI | Take-home |
|---|---|---|---|
| £20,000 | £1,486 | £594.40 | £17,919.60 |
| £30,000 | £3,486 | £1,394.40 | £25,119.60 |
| £40,000 | £5,486 | £2,194.40 | £32,319.60 |
| £50,000 | £7,486 | £2,994.40 | £39,519.60 |
| £60,000 | £11,432 | £3,210.60 | £45,357.40 |
No pension or student loan. England, Wales & NI, 2026/27.
How a pension changes the sum
A workplace pension contribution usually comes out of your pay before income tax is worked out, so it lowers your tax bill as well as your take-home. Paying 5% of a £35,000 salary — £1,750 — into a pension costs you far less than £1,750 in take-home terms, because a chunk of it would otherwise have gone to HMRC. That's the quiet magic of pension saving, and our salary sacrifice calculator and pension tax relief calculator show the effect in detail.
Student loan deductions
If you're repaying a student loan, 9% of your income above your plan's threshold is deducted too — 6% for a Postgraduate Loan. The threshold depends on your plan (Plan 2 is £29,385, Plan 5 is £25,000, and so on), and the deduction is worked out each pay period. Our student loan repayment calculator covers every plan; this calculator folds it straight into your net figure so you see the true amount that reaches your account.
Why your payslip might differ by a few pounds
Real payrolls calculate tax cumulatively across the year and round each deduction, so a single month can vary slightly from one twelfth of the annual figure — especially after a pay rise, a bonus or a change of tax code. If you live in Scotland, your income tax uses different bands and rates (a starter, basic, intermediate, higher, advanced and top rate), so the tax figure here will be a little off, though your National Insurance is identical. Treat the result as an accurate guide rather than a payslip to the penny, and check your tax code on GOV.UK if the numbers look wrong.
Frequently asked questions
How much take-home pay is £35,000 in 2026/27?
On a £35,000 salary with no pension or student loan, you pay £4,486 income tax and £1,794.40 National Insurance, leaving about £28,719.60 a year — roughly £2,393 a month. A pension contribution would lower the tax and change the take-home.
What is the difference between gross and net pay?
Gross pay is your salary before any deductions. Net pay, or take-home pay, is what's left after income tax, National Insurance, pension and student loan have been taken through PAYE. Net pay is the amount that actually reaches your bank account.
Does the calculator work for Scotland?
The income tax figure uses England, Wales and Northern Ireland rates. Scotland has its own bands and rates, so the tax will differ, but National Insurance, pension and student loan are UK-wide and calculated the same everywhere.
Why is my monthly take-home slightly different from my payslip?
Payrolls work out tax cumulatively and round each deduction to the nearest penny, so an individual month can vary from exactly one twelfth of the annual figure — particularly after a pay rise, bonus or tax-code change. This tool gives the full-year picture divided evenly.
Does a pension reduce my take-home pay?
Yes, but by less than the amount you pay in, because most workplace pension contributions are taken before income tax. Paying £1,750 into a pension might only reduce your take-home by around £1,200 to £1,400, with the rest coming from tax you would otherwise have paid.