2026/27 PAY ESTIMATE
Calculate monthly take-home pay from your salary
Enter a gross annual, monthly, weekly, daily or hourly salary to estimate what could reach your bank account after common payroll deductions. Results are shown as annual, monthly and weekly take-home pay, making it useful for checking a new job offer, comparing salaries or planning a monthly budget.
The detailed calculator can model a standard tax code, England/Wales/Northern Ireland or Scottish Income Tax, employee National Insurance, pension contributions, undergraduate and postgraduate student loans, bonuses, overtime, salary sacrifice and selected additional deductions.
How monthly take-home pay is estimated
The calculator starts with gross pay, converts it to the relevant annual and pay-period amounts, and applies the deductions selected in the form. For a straightforward employee salary, the biggest deductions are usually Income Tax and employee National Insurance. Pension and student loan deductions can then change the amount you actually receive each month.
A simple salary percentage is rarely enough to estimate net pay accurately. Tax bands are progressive, the standard Personal Allowance begins to reduce above £100,000, Scotland has separate Income Tax bands, and student loan repayments only apply above the threshold for the selected plan.
2026/27 student loan thresholds
| Loan type | Annual threshold | Repayment rate above threshold |
|---|---|---|
| Plan 1 | £26,900 | 9% |
| Plan 2 | £29,385 | 9% |
| Plan 4 | £33,795 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate Loan | £21,000 | 6% |
Payroll deductions are assessed by pay period in practice, so an unusually high bonus or overtime payment can create a deduction even where annual income later falls below a yearly threshold.
Use it when comparing a job salary
If you arrived from a job listing, the advertised annual salary can be pre-filled automatically. The full calculator then lets you replace the quick-estimate assumptions with your own pension, student loan, tax region and other details. This is useful when a headline salary looks attractive but you want to understand the likely monthly take-home pay before comparing it with your current role.
Methodology and official sources
UKFinLab uses published 2026/27 tax and payroll rules as calculation inputs and keeps the calculation separate from the explanatory content on this page. Actual payroll can still differ because of tax codes, payroll timing, National Insurance categories, pension scheme treatment, benefits and employer-specific deductions.
- GOV.UK — Income Tax rates and Personal Allowances
- GOV.UK — employee National Insurance rates
- GOV.UK — student and postgraduate loan repayments
- Scottish Government — 2026/27 Scottish Income Tax rates and bands
Tax-year basis: 6 April 2026 to 5 April 2027 · Page reviewed: 12 August 2026