Take-home pay calculator

What you keep after tax, National Insurance, pension and student loan.

Your details

Your result

Take-home pay per month£2,843£34,120 a year · £656 a week
  • Take-home76%£34,120
  • Income tax13%£6,036
  • National Insurance6%£2,594
  • Student loan0%£0
  • Pension, from your pay5%£2,250
Going into your pension£2,250
Tax, NI and loan as a share of salary19.2%
Show the working
Income tax is worked out on £42,750 after your pension
Personal allowance£12,570
Taxable income: £42,750 − £12,570£30,180
Income tax 20% on £30,180£6,036
NI 8% on £32,430£2,594
Assumptions and limits

Student loan is 9% of pay above your plan’s threshold, plus 6% above £21,000 for a postgraduate loan. Pension is taken as a share of your whole salary; some schemes use only earnings between £6,240 and £50,270. Relief at source: higher-rate relief is claimed separately and isn’t shown. Assumes the 1257L tax code.

Sources: Income Tax rates · National Insurance rates · Student loan repayments · Tax on pension contributionsTax year 2026/27

Common questions

How is take-home pay worked out?

Your salary, minus income tax, National Insurance, your pension contribution and any student loan. For 2026/27, income tax is 20% on earnings from £12,571 to £50,270, 40% up to £125,140 and 45% above that. National Insurance is 8% between £12,570 and £50,270, and 2% above.

Why doesn’t this match my payslip?

The most common reasons are a different tax code, benefits in kind such as a company car, a pension worked out only on part of your pay, or being paid weekly rather than monthly. If you’re on an emergency tax code, you may be overpaying until HMRC updates it.

Which student loan plan am I on?

Plan 1 if you started in England or Wales before September 2012, or in Northern Ireland. Plan 2 if you started in England or Wales between September 2012 and July 2023. Plan 4 if you studied in Scotland. Plan 5 if you started in England from August 2023. Your loan statement confirms it.

How we calculate

Every calculator uses the published 2026/27 rates from one shared set of rules, so when a rate changes, it changes everywhere.

Where rates come from

Tax, National Insurance, student loan, benefit and property tax rates come from GOV.UK. Each calculator links to its sources.

What we don’t cover

Scottish income tax bands, tax codes other than 1257L, benefits in kind and your personal circumstances. Results are estimates to help you plan, not a payslip or advice.