Take-Home Pay Calculator 2026/27
Calculate your exact UK take-home pay after income tax, National Insurance, student loans, and pension contributions. Updated with the latest 2026/27 HMRC rates and thresholds.
Your Take-Home Pay
£39,520
per year
£3,293
£760
Breakdown
Effective Rate
2096.1%
Marginal Rate
2000.0%
Calculation Methodology
This calculator uses official HMRC PAYE algorithms for 2026/27. Income tax is calculated using current tax bands and rates. National Insurance uses Class 1 employee rates. Student loan deductions follow SLC thresholds. All rates are sourced directly from gov.uk and reviewed by a qualified ICAEW-regulated accountant.
Official Sources
Important: Results are estimates based on standard HMRC rules. Your actual tax may differ based on your specific tax code, benefits, or HMRC adjustments. Always verify with your employer or a qualified accountant.
Frequently Asked Questions
How is take-home pay calculated in the UK for 2026/27?
Take-home pay is calculated by deducting income tax and National Insurance from your gross salary. For 2026/27, the personal allowance is £12,570, basic rate tax (20%) applies from £12,571 to £50,270, higher rate (40%) from £50,271 to £125,140, and additional rate (45%) above £125,140. Employee National Insurance is 8% on earnings between £12,570 and £50,270, then 2% above that.
What is the personal allowance for 2026/27?
The personal allowance for the 2026/27 tax year is £12,570. This is the amount you can earn before paying any income tax. However, if your income exceeds £100,000, your personal allowance is reduced by £1 for every £2 earned above this threshold, meaning it reaches zero at £125,140.
How much National Insurance will I pay on my salary?
For the 2026/27 tax year, employee National Insurance contributions are charged at 8% on earnings between £12,570 and £50,270 per year (primary threshold to upper earnings limit). Earnings above £50,270 are charged at 2%. There is no NI on earnings below £12,570.
Does the calculator account for Scottish income tax rates?
Yes, the calculator includes an option to use Scottish income tax rates. Scotland has different tax bands including the starter rate (19%), Scottish basic rate (20%), intermediate rate (21%), higher rate (42%), advanced rate (45%), and top rate (48%). Enable the Scottish tax toggle to see calculations using these rates.
How do student loan repayments affect my take-home pay?
Student loan repayments are deducted from your salary based on your plan type. Plan 1 (pre-2012) charges 9% on earnings above £26,900. Plan 2 (post-2012) charges 9% on earnings above £28,470. Plan 4 (Scotland) charges 9% on earnings above £31,395. Plan 5 (post-2023) charges 9% on earnings above £25,000. Postgraduate loans charge 6% on earnings above £21,000.