💷

UK Salary Calculator

Calculate take-home pay with income tax and National Insurance

Salary Details

$

Your salary before deductions

Standard: 1257L

Take-Home Pay

Enter your salary details

Calculate your take-home pay

UK Payslip Guide

Understanding Your Tax Code

  • 1257L: Standard code (£12,570 allowance)
  • BR: Basic rate on all income (no allowance)
  • 0T: No allowance (usually emergency)
  • K codes: Allowance is negative (owe tax)

National Insurance Categories

  • A: Standard rate (most employees)
  • B: Married women reduced rate
  • C: Over State Pension age
  • H: Apprentices under 25

Pension Contributions

  • Auto-enrolment minimum: 5% employee + 3% employer
  • Relief at source: Tax relief added automatically
  • Net pay: Deducted before tax calculation
  • Salary sacrifice: Also saves NI

Student Loan Thresholds 2024-25

  • Plan 1: £22,015 (9%)
  • Plan 2: £27,295 (9%)
  • Plan 4: £27,660 (9%)
  • Plan 5: £25,000 (9%)
  • Postgrad: £21,000 (6%)

Disclaimer: This calculator is for informational purposes only and should not be considered financial, tax, or legal advice. Results are estimates based on the information provided and current tax laws. Consult a qualified professional for advice specific to your situation.

Need More Powerful Financial Tools?

MyMoneyTrends offers comprehensive financial planning with personalized insights.

Try MyMoneyTrends Free