Take Home Pay Calculator UK
Calculate your take-home pay in the UK after income tax, National Insurance, and other deductions. This calculator uses 2024/25 tax rates and includes options for student loans and pension contributions.
Take Home Pay Summary
Deductions Breakdown
Tax Rates
Understanding UK Take Home Pay
Take-home pay is the amount you receive after all deductions from your gross salary. In the UK, this includes income tax, National Insurance contributions, pension contributions, and student loan repayments. Understanding these deductions helps you budget effectively.
UK Income Tax Rates 2024/25
Income Tax Bands
| Tax Band | Income Range | Tax Rate |
|---|---|---|
| Personal Allowance | £0 - £12,570 | 0% |
| Basic Rate | £12,571 - £50,270 | 20% |
| Higher Rate | £50,271 - £125,140 | 40% |
| Additional Rate | £125,141+ | 45% |
National Insurance Contributions
NI Rates for Employees
Main Rate (Class 1)
8% on earnings £12,570-£50,270
2% on earnings over £50,270
Employee contribution only
What NI Funds
State Pension
Jobseeker's Allowance
Maternity leave
NHS and other benefits
Student Loan Repayments
Plan 1
- 9% of income over £24,990
- 30 year term
- Interest at RPI + 3%
- Cancelled at age 65
Plan 2
- 9% of income over £27,295
- 30 year term
- Interest at RPI + 3%
- Cancelled at age 65
Pension Contributions
Pension contributions are deducted from your gross salary before tax. Many employers offer pension schemes where both you and your employer contribute. Pension contributions are tax-relieved, meaning you don't pay income tax on the amount contributed.
Tax Codes
Your tax code determines how much tax-free income you can earn. The standard tax code is 1257L, which gives you the full personal allowance of £12,570. Other tax codes may apply if you have other income, benefits, or owe tax from previous years.
Scottish Tax Rates
Scotland has a different income tax system with different rates and bands. The Scottish Parliament sets these rates, which are collected by HMRC but allocated to Scotland.
Calculating Take Home Pay
Pay Calculation Order
1. Gross Salary
Your total earnings before any deductions
2. Pension Contributions
Deducted from gross salary (tax-relieved)
3. Income Tax
Calculated on taxable income after allowances
4. National Insurance
Employee contributions deducted
5. Student Loan
Repayments if applicable
6. Net Pay
Amount you receive in your bank account
Key Takeaways for UK Take Home Pay
- Take-home pay = Gross salary - (Income tax + NI + Pension + Student loan)
- Personal allowance: £12,570 tax-free income
- Basic rate taxpayers pay 20% income tax
- Employee NI: 8% on earnings £12,570-£50,270
- Pension contributions are tax-relieved
- Student loan repayments start at different thresholds
- Scottish taxpayers have different income tax rates
- Tax codes determine your tax-free allowance