2025/26 Tax Year

UK salary calculator: see your real monthly take-home

Enter your gross UK salary to see exactly what lands in your bank account each month after income tax, National Insurance, student loan and pension. Every band broken out so you can verify the numbers against your payslip.

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Key takeaways

  • On a £45,000 UK salary in 2025/26, you take home approximately £2,993/month (£35,920/year) after £6,486 income tax and £2,594 employee NI — before any student loan or pension deductions.
  • The personal allowance is £12,570 for most taxpayers, tapered by £1 for every £2 of salary over £100,000 and gone entirely at £125,140 — creating a 60% marginal tax rate in that band.
  • Employee Class 1 NI is 8% on earnings between £12,570 and £50,270, dropping to 2% above — not a progressive increase like income tax.
  • Student loan plans deduct 9% (Plans 1, 2, 4, 5) or 6% (Postgraduate) of the amount above the relevant threshold, independent of income tax.
  • Pension under relief-at-source (most personal pensions) is paid from net; the provider adds 20% relief and higher-rate taxpayers claim the extra via Self Assessment.
How it works

Three inputs, one clear answer

1

Enter your gross annual salary

Your contractual salary before any deductions. For bonuses, add them to the gross figure to see the adjusted net.

2

Add pension and student loan

Choose your student loan plan (if any) from the dropdown. Enter your pension contribution as a percentage of salary.

3

See your monthly and annual net

Your net take-home, plus a full breakdown: income tax by band, Employee NI by band, student loan and pension amount.

How UK salary tax works in 2025/26

UK employees pay two deductions on their salary before any other adjustments: income tax and National Insurance. Your employer withholds both through PAYE (Pay As You Earn) each pay period and sends them to HMRC on your behalf, alongside any student loan repayment and your pension contribution.

For 2025/26, the basic personal allowance is £12,570 — the first pound you earn above that is taxed. If you live in Scotland, different income tax rates apply (we'll launch a separate Scottish salary calculator). Everything on this page uses the rates for England, Wales and Northern Ireland.

Income tax bands for 2025/26 (England, Wales and NI)

BandSalary rangeRate
Personal allowanceUp to £12,5700%
Basic rate£12,571 – £50,27020%
Higher rate£50,271 – £125,14040%
Additional rateOver £125,14045%

Your personal allowance tapers by £1 for every £2 of salary over £100,000, which means you lose all of it between £100,000 and £125,140. That creates an effective 60% marginal tax rate in that band — higher than the Additional Rate itself.

Employee National Insurance

Class 1 Employee NI for 2025/26 has two rates and no progressive increase at the top — the rate actually drops above the upper earnings limit:

BandSalary rangeRate
Primary thresholdUp to £12,5700%
Main rate£12,571 – £50,2708%
Upper rateOver £50,2702%

The 2% rate above the upper earnings limit exists because Class 1 NI was originally designed to fund state benefits, which have a cap on the credits you can earn — so the rate taper above £50,270 reflects that.

Student loan deductions

Your deductions depend on which plan your loan sits under. The thresholds for 2025/26 are:

PlanThresholdRateWho it applies to
Plan 1£26,0659%Started uni in England or NI before 1 Sep 2012, or in Scotland before 1 Sep 1998
Plan 2£28,4709%Started uni in England or Wales on or after 1 Sep 2012
Plan 4£32,7459%Scottish students from 2007 onwards
Plan 5£25,0009%Started uni in England on or after 1 Aug 2023
Postgraduate£21,0006%Postgraduate loan for Masters or Doctoral study

If you have both an undergraduate and a postgraduate loan, both are deducted at the same time — so someone on £40,000 with a Plan 2 and Postgrad loan pays 9% on the amount above £28,470 and 6% on the amount above £21,000, giving a combined deduction rate of up to 15% in the overlap band.

A £45,000 salary with a Plan 2 student loan and 5% pension contribution: £6,486 income tax, £2,594 employee NI, £1,488 student loan, £2,250 pension — a net take-home of £32,182, or £2,682/month.— GoForma technical team, 2025/26 tax year modelling

Pension contributions and tax relief

How your pension affects your take-home depends on the scheme type:

  • Relief at source (most personal pensions) — you pay from net income and the provider grosses up your contribution by 20% (e.g. you pay £80, it becomes £100 in the pot). Higher- and additional-rate taxpayers claim the extra 20% / 25% through Self Assessment.
  • Net pay arrangement — your contribution comes out of gross salary before tax is calculated. You see the relief automatically in your payslip, no Self Assessment claim needed.
  • Salary sacrifice — you give up part of your contractual salary in exchange for employer pension contributions. Saves employee AND employer NI, plus full income tax relief at marginal rate. Usually the most tax-efficient option if your employer offers it.

This calculator models relief-at-source (the default personal pension treatment). For net-pay or salary-sacrifice schemes, taxable salary is reduced — your actual take-home will be slightly higher than shown.

When to check your tax code

HMRC assigns a tax code that tells your employer how much tax-free pay to give you each month. For most people on a single job with no adjustments, that's 1257L — representing the £12,570 personal allowance divided into monthly portions. Codes worth checking:

  • K codes — you owe HMRC money (usually from untaxed benefits or prior-year underpayments). Tax is added, not subtracted.
  • BR, D0, D1 — all income taxed at basic, higher or additional rate respectively. Usually applied to a second job where your allowance is used on the first.
  • Week 1 / Month 1 — emergency code that ignores previous pay in the year. Often applied at the start of a new job until HMRC processes your P45.

If your monthly take-home is materially different from this calculator, check your tax code on your payslip or in your HMRC personal tax account — an incorrect code is the most common reason for the discrepancy.

Who it's for

Made for UK self-employed workers

Salaried employees

Anyone on PAYE wanting to verify their payslip or plan for a pay rise.

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Questions answered

Frequently asked questions

How much tax do I pay on a £40,000 UK salary?

On a £40,000 annual UK salary in 2025/26, you pay approximately £5,486 in income tax (20% on the £27,430 above your £12,570 personal allowance) and £2,195 in employee National Insurance. Before pension or student loan, your take-home is £32,319, or £2,693 per month.

How much is £60,000 after tax UK 2025/26?

A £60,000 UK salary in 2025/26 gives you approximately £45,357 net — £3,780 per month — before any pension or student loan deductions. The breakdown is £11,432 income tax (20% on £37,700 and 40% on £9,730) plus £3,211 employee NI (8% on £37,700, 2% on £9,730).

What's the difference between salary and take-home pay?

Salary is the gross amount your employer pays you before any deductions. Take-home pay (or net pay) is what actually lands in your bank account after income tax, National Insurance, student loan, pension and any other voluntary deductions. For most UK employees, take-home is 65-80% of gross, depending on income.

How is student loan taken from my salary?

Your employer deducts student loan from your gross salary via PAYE, the same way income tax is deducted. The amount depends on your plan: Plan 1, 2, 4 and 5 deduct 9% of salary above the respective threshold; the Postgraduate loan deducts 6% above £21,000. If you have both an undergraduate and postgraduate loan, both deductions apply simultaneously.

Should I increase my pension contribution to reduce tax?

Pension contributions reduce taxable income, so higher-rate and additional-rate taxpayers get 40% or 45% relief. If your employer offers salary sacrifice, you also save NI — making it significantly more tax-efficient than relief-at-source pensions. Always consider your short-term cash flow and the annual allowance (£60,000, tapered for high earners) before increasing contributions.

Why is my take-home less than this calculator shows?

Most commonly: an incorrect tax code, an emergency Week 1/Month 1 code after starting a new job, or deductions this calculator doesn't model (union fees, Give As You Earn, season ticket loans, private healthcare, or childcare vouchers). Check your tax code via your payslip or HMRC personal tax account — that fixes about 80% of discrepancies.

Does this calculator work for Scottish salaries?

Not in this version. Scotland uses six different income tax bands (19% starter, 20% basic, 21% intermediate, 42% higher, 45% advanced, 48% top) — we'll publish a separate Scottish salary calculator shortly. Employee NI and student loan thresholds are identical across the UK.

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