● 2026/27 · Tax · NI · Pension · Student loan

Take-Home Pay Calculator

See exactly what lands in your bank account. Enter your salary, an optional pension percentage and your student loan plan, and we deduct Income Tax, National Insurance and repayments to show your net annual and monthly pay for 2026/27.

💷 Net annual & monthly 🏦 Pension & student loan 📅 2026/27 HMRC rates

Calculate your take-home pay

England, Wales & Northern Ireland · 2026/27

£
%
Net take-home pay
£0
£0 a month
ItemAnnual
Gross salary£0
Income Tax£0
Employee NI£0
Pension£0
Student loan£0
Take-home pay£0

Want tax band detail? See the income tax calculator.

💷 Net pay, clearly explained 📅 April 2026 thresholds 🏛️ HMRC & GOV.UK sourced 🔒 Runs entirely in your browser
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What gets deducted from your pay in 2026/27

Your gross salary is rarely what you take home. Between the figure on your contract and the money in your account sit several deductions, each calculated on a different base. Understanding the order helps explain why a pay rise sometimes feels smaller than expected.

  • Income Tax — charged in bands after the £12,570 Personal Allowance: 20% to £50,270, 40% to £125,140, then 45%.
  • Employee National Insurance — 8% on earnings between £12,570 and £50,270, then 2% above.
  • Pension contributions — optional but tax-efficient; they cut your taxable income.
  • Student loan repayments — 9% (or 6% for postgraduate loans) above your plan's threshold.

Where a £35,000 salary goes

~75% take-home

Green = take-home, blue = Income Tax, amber = National Insurance. Roughly three-quarters of a £35k salary is kept before pension or loan deductions.

How pension contributions help

A pension contribution is unusual among deductions: although the money leaves your pay, it lands in your retirement pot, and it reduces the income on which you pay tax. A higher-rate taxpayer effectively gets 40% relief, so £100 in the pension costs only £60 of net pay. Model the long-run effect with the pension calculator or the dedicated pension contribution calculator.

A worked example: £35,000 with 5% pension

On a £35,000 salary with a 5% pension and no student loan:

  • Pension contribution: 5% of £35,000 = £1,750, reducing taxable income.
  • Income Tax is charged on the reduced taxable figure; NI is still charged on the full salary.
  • The calculator nets everything off to show your annual and monthly take-home.

If you also repay a student loan, choose your plan above to see the additional 9% (or 6%) deducted on income over the threshold — the same logic our student loan repayment calculator uses.

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Take-Home Pay FAQs

What is take-home pay on £35,000 in 2026/27?

Around £28,700 a year (about £2,393 a month) after Income Tax and National Insurance, before any pension or student loan. Add those and the calculator updates instantly.

What's deducted from gross pay?

Income Tax and employee NI for everyone above the thresholds, plus optional pension contributions and any student loan repayments.

How does a pension contribution change my take-home?

It reduces taxable income, so you pay less tax. The money still leaves your pay but goes into your pension — see the pension calculator.

Do student loans affect take-home pay?

Yes — 9% (or 6% postgraduate) on income above the plan threshold, deducted through PAYE. Choose your plan above to include it.

Mustafa Bilgic
Reviewed by Mustafa Bilgic
Founder, WebCalculator

Rates taken from HMRC and GOV.UK for the 2026/27 tax year. Estimates only — not personalised advice.