Take-home pay calculator 2026/27
Your salary after income tax, National Insurance, student loan and pension salary sacrifice, for the tax year 6 April 2026 to 5 April 2027.
Your take-home pay
| What | A year | A month |
|---|---|---|
| Salary | ||
| Less pension (salary sacrifice) | ||
| Less income tax | ||
| Less National Insurance | ||
| Less student loan | ||
| Less Postgraduate Loan | ||
| Take-home pay |
- Your personal allowance
- Tax, NI and loans as a share of salary
Planning tool, not tax or financial advice. Uses the GOV.UK rates for 2026/27, checked 8 November 2026. Your payslip can differ a little because payroll works each pay period separately.
Want the full version, with the salary sacrifice comparison, what-if table and checks?
The HonestSums Take-Home Pay and Salary Sacrifice spreadsheet does everything above, plus:
- Salary sacrifice side by side with net pay and relief at source pensions, so you see what each really costs
- A what-if table showing take-home pay at six other salaries
- Bonus, benefits in kind, employer pension and the High Income Child Benefit Charge
- Weekly figures and the marginal rate on your next £1 of pay
- A Checks tab that proves the maths against worked GOV.UK examples
Works in Excel and Google Sheets. Also useful: the Pension Tax Relief Calculator and the Student Loan Planner.
How this take-home pay calculator works
Income tax
Everyone gets a tax-free personal allowance of £12,570. It shrinks by £1 for every £2 you earn over £100,000, so it is gone completely at £125,140.
In England, Wales and Northern Ireland, the first £37,700 above your allowance is taxed at 20%, the rest up to £125,140 at 40%, and anything above that at 45%.
Scotland has six bands on income above the allowance: 19% on the first £3,967, 20% up to £16,956, 21% up to £31,092, 42% up to £62,430, 45% up to £125,140 and 48% above that.
National Insurance
Employees pay 8% on earnings between £12,570 and £50,270 a year, and 2% on anything above. National Insurance is the same everywhere in the UK.
Student loans
You repay 9% of your pay above your plan's threshold: £26,900 for Plan 1, £29,385 for Plan 2, £33,795 for Plan 4 and £25,000 for Plan 5. A Postgraduate Loan adds 6% of pay above £21,000.
Salary sacrifice
With salary sacrifice, your pension comes off your pay before tax, National Insurance and student loan are worked out, so you save on all three. Your employer has to agree to it; ask HR if you are not sure which kind of pension you have.
What it leaves out
It assumes the standard tax code (1257L) and no bonus, company benefits, Child Benefit charge or other income. The monthly figures are the yearly ones divided by 12.