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🇬🇧 United Kingdom / Salary
Calculate UK take-home pay after income tax, National Insurance, student loan, and pension contributions. Accurate for 2024/25 with all repayment plans.
10 calculators
Calculate the income tax and National Insurance due on UK employer benefits in kind. Covers company cars, private medical insurance, gym memberships, and other BIK perks.
Calculate how much of your UK bonus you keep after income tax and National Insurance. See the exact take-home amount for any bonus size at basic, higher, and additional rate bands.
Calculate monthly tax and NI savings from UK childcare vouchers. Compare voucher savings against Tax-Free Childcare to find which scheme saves your family the most money.
Calculate the Benefit in Kind tax on your UK company car. See annual and monthly tax cost based on CO2 emissions, P11D value, and your income tax rate for the current tax year.
Convert any UK hourly rate to annual salary and back. Calculate gross annual pay from hourly wage, weekly hours, and working weeks, with income tax and NI deductions shown.
Calculate take-home pay from UK overtime at time-and-a-half, double time, or any custom rate. See overtime earnings after income tax and National Insurance deductions.
Calculate how pension contributions reduce your UK taxable income, income tax bill, and National Insurance. See the real net cost of contributing to your workplace or private pension.
Calculate your UK take-home pay from gross salary for the 2024-25 tax year. See income tax, National Insurance, student loan, and pension deductions with a full net pay breakdown.
Calculate your tax and National Insurance savings from salary sacrifice in the UK. Model pension, childcare, cycle-to-work, and electric vehicle salary sacrifice arrangements.
Calculate your exact monthly and annual take-home pay after all UK deductions. Enter gross salary to see income tax, National Insurance, student loan, and pension contributions.
Calculating UK take-home pay requires accounting for several parallel deductions that operate independently: income tax via PAYE, National Insurance Contributions (NICs), student loan repayments if applicable, and any pension contributions. Each component must be accounted for to accurately forecast net income from a gross salary figure.
Income tax is collected under the PAYE system using the employee's tax code, most commonly 1257L, which encodes the Personal Allowance of £12,570. Earnings above this are taxed at 20% up to £50,270, and 40% above. National Insurance is charged at 8% on earnings between the Primary Threshold (£12,570) and the Upper Earnings Limit (£50,270), then at 2% on earnings above the UEL. NI is calculated on a pay-period basis, not annually, so irregular earnings can create over- or under-payment situations.
Student loan repayments are income-contingent and the applicable plan depends on when and where the borrower studied. Plan 2 (England and Wales, from 2012) deducts 9% of income above £27,295. Plan 1 (started before 2012) has a lower threshold of £24,990. Scottish Plan 4 has a threshold of £31,395. The new Plan 5 (from August 2023 onward) has a threshold of £25,000 but a 40-year term. Repayments are deducted through PAYE alongside tax and NI.
The National Living Wage, the legal minimum for workers aged 21 and over, increased to £11.44 per hour from April 2024, with lower rates for younger workers and apprentices.
Employees can reduce their income tax and NI bill through salary sacrifice arrangements, diverting gross salary into pension contributions or cycle-to-work schemes before deductions are calculated. This is particularly useful for those approaching the £50,270 higher rate threshold. Benefits in Kind (company cars, private medical insurance) are reported via P11D forms and taxed through an adjusted PAYE tax code rather than as cash deductions.