£ PayGrid Statutory estimates · not financial advice

Take-home pay calculator

Enter your gross salary, pension and student loan details to see your take-home pay with a full income tax breakdown. Uses HMRC's published 2026/27 rates.

Your take-home

£2,993
Monthly take-home≈ Annual ÷ 12
£35,920
Annual take-home
£6,486
Income taxAnnual
£2,594
National InsuranceAnnual

Your details

£35,920
Take-home payAnnual
£2,993
Monthly take-home≈ Annual ÷ 12
£689
Weekly take-home≈ Annual ÷ 52.14
£138
Daily take-home≈ 5-day week
£6,486
Income taxAnnual
£2,594
National InsuranceAnnual
£0
Student loanAnnual
14.4%
Effective tax rateTax ÷ gross
£0
Pension (you + employer + relief)Annual
£0
Employer pensionPaid on top of salary
28.0%
Marginal deduction rateNext £1
£863
Weekly gross≈ Annual ÷ 52.14

Income tax breakdown

BandTaxableRateTax
Personal allowance£12,5700.0%£0
Basic rate£32,43020.0%£6,486
Total£6,486

Net pay breakdown

ItemAnnualMonthlyWeeklyDaily
Gross pay (incl. bonus)£45,000£3,750£863£173
Income tax−£6,486−£541−£124−£25
National Insurance−£2,594−£216−£50−£10
Take-home pay£35,920£2,993£689£138

Monthly is annual ÷ 12; weekly is annual ÷ 52.14; daily assumes a 5-day week (annual ÷ 260). Your employer also pays a pension contribution of £0 (plus tax relief of £0) into your pension on top of your take-home pay.

Assumptions

  • Full personal allowance; no marriage allowance or other reliefs claimed.
  • Paid evenly every month; National Insurance and student loans are calculated per pay period.
  • A bonus in month 12 is taxed at your marginal rate in that month's PAYE.
  • Salary sacrifice reduces your taxable salary and National Insurance before tax is applied.
  • Weekly figures are annual ÷ 52.14; daily figures assume a 5-day week (annual ÷ 260).

Calculations use 2026-27 HMRC rates. Income tax uses cumulative PAYE across the year; National Insurance and student loans are calculated per pay period. If your salary is paid unevenly or you receive multiple pensions, your actual take-home may differ.

How take-home pay works

Your gross salary is reduced in a specific order. First, pension contributions are removed (how they affect tax depends on your pension method: salary sacrifice reduces both income tax and National Insurance, while relief at source adds tax relief to your pension instead). Income tax is then calculated cumulatively across the tax year, with the personal allowance applied pro-rata each pay period.

National Insurance is calculated per pay period, not cumulatively, which is why bonuses can push a single month over a threshold differently to a salary spread across the year. Student loan repayments are also per-period, based on earnings above the plan's monthly threshold.