Use the take-home pay calculator to get your monthly or annual net salary after normal UK tax and National Insurance contributions. See how much of a difference that pay rise would make, or calculate your net income in the UK.
Simply type in what you earn annually and our salary calculator will work out your take-home pay, your personal allowance, taxable income, national insurance and your income tax.
Save on your bank fees with Wise
Do you receive your salary from abroad or you just need to send or receive payments from overseas? Wise account is the perfect alternative to having a bank account abroad.
- UK Income Tax
- 7,500 GBP
- National Insurance
- 4,860 GBP
- Take home (yearly)
- 0 GBP
- Take home (monthly)
- 0 GBP
How can you save on your international banking fees?
A Wise account is the perfect alternative to having a bank account abroad.
If you need to send or receive payments from overseas, Wise can help. Hold 50+ currencies, and switch between them when you need to, using the Wise app.
There are no annual fees, and currency conversion uses the mid-market rate with no markup - just a low fee per transaction. You’ll get a linked debit card for easy spending, and your own bank details for fee-free payments from the UK, US, Euro area, Poland, Australia and New Zealand.
Get a multi-currency account and get paid with your own bank details.
How to use the take-home pay calculator:
Use the take-home pay calculator to work out your salary once National Insurance and Income tax deductions have been made:
Enter what you earn annually, before any taxes and deductions have been taken out.
The salary calculator will work out your take-home pay, Tax Free Allowance, Taxable Income, National Insurance and Income Tax.
This calculator is intended only as a guide and uses normal UK tax and NI information to calculate the net salary of an employed person. Tax is complex, and your personal circumstances might mean your take-home pay is different. Seek professional advice if you want to learn more.
How much tax will I pay on my take-home?
Under the UK’s PAYE (Pay as you earn) system, employers deduct tax and National Insurance (NI) contributions before they pay you.
Most people can earn a certain amount tax free: in 2020/2021, this is set at £12,500. Tax is then calculated according to the amount you earn, with a 20% tax rate for income up to £37,500, and 40% tax on amounts above this, to £150,000. These figures are adjusted annually, and may vary across different regions of the UK.
Starting with your gross salary, your employer will calculate your tax and NI liabilities, taking into account your tax-free allowance and the tax bands your wage falls into.
Take a look at the salary matrix which gives a rough idea of what take-home pay to expect with different pay bands.
|Annual salary||Annual take-home||Monthly take-home|
More salary calculators
Pro-Rata Salary Calculator
Work out your wage from your pro-rata salary if you work part-time. Or check how much you will take-home if you change your working hours, with this handy pro-rata salary calculator.
Hourly Wage Calculator
Calculate your salary or take-home pay from your hourly rate, using this simple and free hourly wage calculator
Self-employed income tax calculator
If you’re self-employed in the UK, you can work out your profit after tax, and what you need to pay in Income Tax and National Insurance, with this easy to use self-employed income tax calculator.
Wise is your easy, cheap alternative to a bank account abroad.
Open online in just a few steps, with no monthly fees - just simple currency services using the real exchange rate.