Take-Home Pay · 2026/27
What does your salary really pay you?
Income tax, National Insurance, pension and student loan, taken off a UK salary. Or start from the monthly amount you need and see the salary that pays it.
Your payslip, in round figures
| Per year | Per month | |
|---|---|---|
| Gross salary | £45,000 | £3,750 |
| Pension | −£2,250 | −£188 |
| Income tax | −£6,036 | −£503 |
| National Insurance | −£2,414 | −£201 |
| Take-home | £34,300 | £2,858 |
£2,250 a year goes into your pension pot (your contribution only; add your employer's on top).
What would a pay rise really add?
A £5,000 rise adds £285 a month to your take-home — you keep 68p of every £1.
Now plan where it goes
Open the Personal Budget with £2,858 a month already filled in as your salary.
Where the salary goes
UK (England, Wales, NI) · tax year 2026/27, per year
Tax year 2026/27, rates from GOV.UK. Assumes you are an employee on the standard tax code (1257L) with one job. Figures are yearly, and monthly is yearly ÷ 12, so a real payslip can differ by a few pounds. Not included: other tax codes, benefits in kind, bonuses, and higher-rate pension relief you claim through self-assessment.
Also try
This tool is for informational and planning purposes only. It does not constitute financial, investment, tax or legal advice. Always consult a qualified professional before making financial decisions.