Turn a headline gross salary into the net pay that actually lands in your account. Enter your gross figure and we strip out Income Tax, National Insurance, student loan and pension to show your true take-home.
2026/27 · England, Wales & NI
Gross pay is the headline figure in your contract — your full salary before anything is taken off. Net pay (or take-home pay) is what actually reaches your bank account after deductions. The gap between them is the tax and contributions your employer hands to HMRC and your pension on your behalf.
To go from gross to net, subtract, in order: pension (which reduces taxable pay), Income Tax, National Insurance, and any student loan. This calculator applies the 2026/27 Personal Allowance, bands and thresholds automatically.
2026/27, no pension or student loan, standard tax code:
| Gross | Tax | NI | Net / yr | Net / mo |
|---|---|---|---|---|
| £25,000 | £2,486 | £994 | £21,520 | £1,793 |
| £35,000 | £4,486 | £1,794 | £28,720 | £2,393 |
| £45,000 | £6,486 | £2,594 | £35,920 | £2,993 |
| £60,000 | £11,432 | £3,211 | £45,357 | £3,780 |
For a visual breakdown with charts use the flagship take-home pay calculator. To compare two job offers side by side, try the salary calculator, and to see the tax on a one-off payment, the bonus tax calculator. Paid hourly? Convert first with the hourly wage calculator.
On £40,000 in 2026/27 you pay about £5,486 Income Tax and £2,194 NI, leaving roughly £32,320 net — around £2,693 a month — before pension or student loan.
Gross pay is your full salary before deductions. Net pay (take-home) is what reaches your bank after Income Tax, National Insurance and any student loan or pension are taken off.
Subtract Income Tax, National Insurance and any pension or student loan from gross. This calculator applies the 2026/27 allowance, bands and thresholds for you.
No — pension contributions are deducted before you reach net pay, so the money goes into your pension pot rather than your bank account. They also reduce your taxable income.
