Take Home Calculator

Calculate your net salary after tax, National Insurance, and other deductions. Updated with the latest UK tax rates.

Yearly
Monthly
Weekly
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£

Take Home Pay

£0.00

Breakdown

Understanding Your Results

This chart compares your salary against key UK benchmarks:

  • National Minimum Wage (NMW): The legal minimum hourly rate (£11.44 for 23+ years)
  • UK Average Salary: The median full-time salary (£33,000 per year)
  • Your Salary: Your entered amount converted to annual equivalent

Frequently Asked Questions

The National Minimum Wage (NMW) is the minimum pay per hour almost all workers in the UK are entitled to by law. The rates from April 2024 are:

  • 23 and over: £11.44 (National Living Wage)
  • 21-22: £11.44
  • 18-20: £8.60
  • Under 18: £6.40
  • Apprentice: £6.40

National Insurance (NI) is a tax on earnings paid by both employers and employees in the UK. It helps fund state benefits and the NHS. For 2024/25:

  • You pay mandatory NI if you're 16 or over and earn above £242 per week
  • The main rate is 10% on earnings between £242 and £967 per week
  • You pay 2% on earnings above £967 per week
  • NI contributions help qualify you for certain benefits and State Pension

Using the calculator is simple:

  1. Select your salary type: Choose between yearly, monthly, weekly, daily, or hourly pay
  2. Enter your amount: Input your gross salary (before tax)
  3. For hourly rates: Specify your working hours per week
  4. Click Calculate: Get instant results showing:
    • Take-home pay
    • Tax breakdown
    • Comparison with UK averages

The calculator automatically handles tax-free allowances, National Insurance contributions, and tax bands to give you accurate results.