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UK Take-Home Pay Calculator

Find out exactly how much of your salary you keep after income tax, National Insurance, student loan repayments, and pension contributions.

Learn how this calculator works →

Your details

£

Sole traders pay Class 4 National Insurance (6% main rate) instead of Class 1 Employee NI (8%).

Scottish income tax has six bands (19% / 20% / 21% / 42% / 45% / 48%); rUK has three (20% / 40% / 45%).

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Your monthly take-home pay

£2,393

£28,720 per year

Annual breakdown

Gross salary£35,000
Income tax-£4,486
National Insurance-£1,794
Net take-home£28,720

Tax rates

Effective tax rate

17.9%

Total deductions as a share of gross pay

Marginal rate

28%

Income tax on your next pound earned

UK marginal rate bands (2025/26)

England / Wales / NI · PAYE
Gross earningsBandIncome taxNIMarginal
£0 - £12,570Personal allowance0%0% 0%
£12,570 - £50,270Basic rate20%8% 28%
£50,270 - £100,000Higher rate40%2% 42%
£100,000 - £125,14060% trap (PA taper)60%2% 62%
£125,140 - +Additional rate45%2% 47%

The highlighted row the band each extra pound of your salary falls into. Pension salary sacrifice reduces your taxable gross, which can move you down a band. Add a Plan 1/2/4/5 student loan to add 9% on top above its threshold.

National Insurance: employee vs sole trader (2025/26)

Earnings bandEmployee (Class 1)Sole trader (Class 4)Difference
Up to £12,5700%0%-
£12,570 - £50,2708%6%2pp less
Above £50,2702%2%-

Sole traders pay 2 percentage points less personal NI on profits up to £50,270, which compensates for the absence of employer NI contributions (15% above £5,000). The trade-off: no statutory sick / holiday / redundancy pay, and no workplace pension match. Above £50,270 the rates are identical at 2%.

Monthly breakdown

Gross monthly£2,917
Income tax-£374
National Insurance-£150
Net monthly£2,393

This calculator uses 2025/26 UK tax year rates and thresholds. It assumes a standard tax code and does not account for benefits in kind, salary sacrifice arrangements beyond pension, or Scottish/Welsh income tax rates. Pension contributions are treated as salary sacrifice (deducted before tax and NI). Student loan repayments are calculated on gross salary. Results are estimates - for exact figures, check your payslip or speak to a qualified accountant.

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Important: Not Financial Advice

This calculator is provided for educational and illustrative purposes only. Freedom Isn't Free is not authorised or regulated by the Financial Conduct Authority (FCA) and does not provide financial advice, investment recommendations, or tax guidance.

The projections shown are hypothetical, assume a constant rate of return, and do not account for inflation, taxes, or fees. Actual investment returns vary and you may get back less than you invest. Past performance is not a reliable indicator of future results.

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