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Income TaxNational Insurance2026/27Take-home pay

How is take-home pay calculated in the UK? (2026/27)

A plain-English look at how income tax, National Insurance, pension contributions and student loan deductions whittle your gross salary down to what actually lands in your account, using 2026/27 figures.

8 min read2026/27 figures

There's the salary on your contract, and then there's what actually lands in your account. The gap can run to thousands of pounds, and it's down to a small queue of deductions helping themselves before you get a look in. Knowing who takes what puts you back in charge: you can plan properly, ask for that rise with a straight face, and make the most of tax-friendly moves like pension contributions and salary sacrifice.

This guide walks through every step of the sum for England, Wales and Northern Ireland (rUK) in 2026/27. Scotland sets its own income tax rates, so if that's you, head to our Scottish income tax guide.

1. Start with your personal allowance

The personal allowance is the slice you can earn before income tax gets involved. For 2026/27 it stays at £12,570, frozen at that level until April 2031.

Earn over £100,000 and the allowance starts to erode. For every £2 you make above £100,000 you lose £1 of allowance, and by £125,140 it's vanished completely.

Your incomePersonal allowance
Up to £100,000£12,570
£110,000£7,570
£120,000£2,570
£125,140 or more£0

Not financial advice. This guide uses 2026/27 rates from HMRC and is for general information only. Your own position depends on your circumstances. Source: gov.uk/income-tax-rates.

2. Income tax bands (England, Wales and Northern Ireland)

Once you're past the personal allowance, income tax kicks in by bands:

BandGross incomeRate
Personal allowanceUp to £12,5700%
Basic rate£12,571 to £50,27020%
Higher rate£50,271 to £125,14040%
Additional rateOver £125,14045%

Tax is worked out on the slices of income that fall in each band, not as one flat percentage across everything you earn. It's a common myth, and a costly one to believe.

Example: here's the income tax on a £50,000 gross salary, worked out slice by slice:

Slice of incomeAmountRateTax
Up to £12,570£12,5700%£0
£12,571 to £50,000£37,43020%£7,486
Total income tax£7,486

Wales matches England for 2026/27 (the Welsh Government sets the Welsh Rate of Income Tax to keep them in step). Northern Ireland uses the UK rates too, since income tax isn't devolved there.

3. National Insurance

National Insurance is a separate deduction. It isn't income tax, however much they both sting. For employees (Class 1, Category A), the 2026/27 rates are:

EarningsRate
Up to £12,570 (Primary Threshold)0%
£12,571 to £50,270 (Upper Earnings Limit)8%
Above £50,2702%

NI is charged on your gross earnings (not taxable income), and it doesn't get tapered above £100,000 the way the personal allowance does.

Example: the same £50,000 salary, this time for National Insurance. Since £50,000 sits just under the £50,270 Upper Earnings Limit, it's all charged at the 8% main rate:

Slice of earningsAmountRateNI
Up to £12,570£12,5700%£0
£12,571 to £50,000£37,4308%£2,994.40
Total NI£2,994.40

Earn above the £50,270 limit and the slice over it is charged at 2% instead of 8%. On a £60,000 salary, for instance, that's 8% on the £37,700 up to the limit (£3,016) plus 2% on the £9,730 above it (£194.60), which comes to £3,210.60.

Source: gov.uk rates and thresholds for employers 2026-to-2027.

4. Pension contributions

Pension contributions trim your net pay, but they hand you tax relief in return. How that relief reaches you depends on the method:

MethodHow it worksBasic-rate cost of £100 contribution
Relief at sourceYou pay 80%; provider claims 20% from HMRC£80 net
Net payContribution deducted before tax is calculated£80 net (saving made via reduced tax)
Salary sacrificeGross salary reduced; saves income tax and NI~£69 net (saves NI too)

Higher-rate and additional-rate taxpayers can claim back extra relief through Self Assessment on relief-at-source pensions, and plenty forget to.

The annual allowance for 2026/27 is £60,000 (or 100% of your earnings, whichever is lower).

5. Student loan repayments

Student loan repayments come off your gross pay once you earn above your plan's threshold:

Plan2026/27 thresholdRate
Plan 1£26,9009%
Plan 2£29,3859%
Plan 4 (Scotland)£33,7959%
Plan 5£25,0009%
Postgraduate£21,0006%

Repayments apply only to income above the threshold, not your whole salary. They sit alongside income tax and NI as their own separate deduction.

Source: gov.uk student loans terms 2026-to-2027.

6. Worked examples (2026/27, England)

These are checked against published HMRC rates:

Gross salaryIncome taxEmployee NITake-home
£25,000£2,486£994.40£21,519.60
£30,000£3,486£1,394.40£25,119.60
£50,000£7,486£2,994.40£39,519.60
£60,000£11,432£3,210.60£45,357.40
£100,000£27,432£4,010.60£68,557.40

Assumes: tax code 1257L, no student loan, no pension contribution, Category A NI.

At £60,000+ you cross into the higher-rate (40%) band, so every extra pound of gross pay hands over 40p in income tax plus 2p in NI, a marginal rate of 42%. Between £100,001 and £125,140 it gets worse: the personal allowance taper pushes the effective marginal rate to around 60%.

Free calculator

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Enter your salary to see an exact breakdown of income tax, NI, pension and student loan deductions, updated for 2026/27.

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7. Salary sacrifice and other deductions

Plenty of employers offer salary sacrifice schemes. You agree to a lower gross salary in return for a non-cash benefit (usually pension, an electric vehicle, cycle to work, or childcare). Because your gross salary drops, you pay less income tax and less National Insurance. For most employees it's the most tax-efficient way to pay into a pension.

Note: from 6 April 2029, salary sacrifice pension contributions above £2,000 a year will start attracting NI. That's a 2029 problem, though, and doesn't touch the 2026/27 tax year.

Other lines that might crop up on your payslip:

Payslip lineWhat it does to your pay
Benefits in kind (company car, private medical)Push your taxable pay up
Cycle-to-work and childcare vouchersReduce gross salary under salary sacrifice
Season ticket loanNot a tax deduction, but lightens your net pay each month

Frequently asked questions

The personal allowance is £12,570 for 2026/27, exactly the same as 2025/26. It's frozen at that level until April 2031 under current government plans, so the first £12,570 you earn is free from income tax.

Not financial advice. Figures are for the 2026/27 tax year based on published HMRC, Revenue Scotland, and Welsh Revenue Authority rates. Your exact tax position depends on your specific circumstances. Consult a qualified tax adviser for personal advice.