Instant net pay from any salary. Income Tax, National Insurance, student loan and pension, with full assumptions and breakdown.
If unknown, leave as 1257L. This is an estimate helper.
Current calculation uses Category A rates for NI estimate.
| Item | Annual | Monthly |
|---|---|---|
| Gross salary | £40,000.00 | £3,333.33 |
| Income Tax | £5,607.50 | £467.29 |
| National Insurance | £2,194.40 | £182.87 |
| Student Loan | £0.00 | £0.00 |
| Pension | £0.00 | £0.00 |
| Take-home | £32,198.10 | £2,683.17 |
| Band | Rate | Taxable amount | Tax paid |
|---|---|---|---|
| Starter rate | 19% | £2,162.00 | £410.78 |
| Basic rate | 20% | £10,956.00 | £2,191.20 |
| Intermediate rate | 21% | £14,312.00 | £3,005.52 |
| Higher rate | 42% | £0.00 | £0.00 |
| Advanced rate | 45% | £0.00 | £0.00 |
| Top rate | 48% | £0.00 | £0.00 |