Tax year 2026/27
United Kingdom Take-Home Pay Calculator
PAYE income tax at 20%, 40%, and 45% bands plus employee Class 1 National Insurance at 8% and 2%.
Your salary
Tax year 2026/27 Rules
- Reflects England, Wales, and Northern Ireland tax rates (Scotland differs).
- Excludes student loan deductions and workplace pension contributions.
Estimated take-home pay
£3,538
per month after estimated statutory deductions
£42,457 per year · effective deduction rate 22.8%
Take-homeDeductions
Net take-home pay£42,457
Income tax (PAYE)£9,432
National Insurance£3,111
Real savings
What does your salary actually buy in London?
Monthly expenses in London
Real monthly savings
£228
Net monthly salary£3,538
Estimated living expenses£3,310
Savings rate6.4%
Official statutory sources & notes
- Reflects England, Wales, and Northern Ireland tax rates (Scotland differs).
- Excludes student loan deductions and workplace pension contributions.
- Official Reference: HM Revenue & Customs (HMRC)
Last updated 2026-09-15. Figures are approximate estimates for planning, not tax or financial advice. Calculations use 2026/27 statutory brackets and social insurance limits. Methodology.