Tool
Take-home pay
What a UK salary leaves after income tax, National Insurance, student loan and pension.
Take-home pay
£32,320
per year
Per month
£2,693
Per week
£622
Breakdown
| Gross salary | £40,000 |
| Personal allowance | £12,570 |
| Income tax | -£5,486 |
| National Insurance | -£2,194 |
| Take-home pay | £32,320 |
| Marginal rate on the next £1 | 28% |
| Effective rate | 19.2% |
Class 1 employee National Insurance (never devolved), income tax bands for either England/Wales/NI or Scotland, undergraduate + postgraduate student loan repayment, and pension salary sacrifice are all modelled. Doesn't account for benefits-in-kind, bonuses, or a non-standard tax code. Rates are reviewed and updated by hand after each Budget.
An illustration from the figures above, not a forecast. Facts, not financial advice.
Uses 2026/27 HMRC rates and thresholds, checked against gov.uk.
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