Your salary
£
Enter your salary and hit
Calculate take-home pay
Calculate your take-home pay after income tax and deductions.
Enter your salary and hit
Calculate take-home pay
Our free salary and tax calculator works out your take-home pay after income tax, National Insurance (UK) or FICA contributions (US). Enter your annual gross salary and it instantly shows your net annual, monthly, weekly and daily take-home pay. The UK calculator includes 2024/25 tax bands, NI rates and student loan deductions for all plan types.
For UK calculations, income tax is applied to earnings above the personal allowance (£12,570 in 2024/25) using the 20%, 40% and 45% tax bands. National Insurance is charged at 8% on earnings between £12,570 and £50,270, and 2% above that. For US calculations, federal income tax brackets for 2024 are applied to taxable income after the standard deduction, alongside FICA contributions (6.2% Social Security + 1.45% Medicare).
In the UK (2024/25), the personal allowance is £12,570 — you pay no income tax on this. Earnings from £12,571 to £50,270 are taxed at 20% (basic rate). From £50,271 to £125,140 at 40% (higher rate), and above £125,140 at 45% (additional rate).
National Insurance (NI) is a UK tax on earnings that funds state benefits including the NHS and state pension. In 2024/25, employees pay 8% on earnings between £12,570 and £50,270, and 2% on earnings above £50,270.
The UK personal allowance for 2024/25 is £12,570 — this is the amount you can earn tax-free each year. If you earn over £100,000, the allowance is gradually reduced, disappearing entirely at £125,140.
On a £30,000 salary, you'd take home approximately £24,400 (about 81%). On £50,000, roughly £37,700 (75%). Higher earners take home a lower percentage due to the 40% tax band and tapered personal allowance.
The 40% higher rate tax applies to earnings above £50,270 (in addition to the £12,570 personal allowance) up to £125,140. Only the income within this band is taxed at 40%, not all of your salary.
FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare. Employees pay 6.2% for Social Security (on earnings up to $168,600 in 2024) and 1.45% for Medicare on all earnings — a combined 7.65%.