Money Mechanic

Take-home pay calculator

What you take home after income tax, National Insurance, pension and student loan in 2026/27. Nothing you type leaves your browser.

On your payslip, P60 or HMRC app, for example 1257L, S1257L, BR or K475. Leave blank if you don't know.
Pension
Paid from your bank, not your payslip. Your provider adds 20%.
Student loan
How you're paidFewer than 52 for term-time or seasonal work.
Bonus, overtime and benefits
Before tax.
Car, shift or London allowance paid with your salary.
Company car or medical cover: the value on your P11D or tax code letter.
Salary sacrifice, vouchers and giving
Not your pension: for example cycle to work or an electric car.
Given to charity straight from your pay, before tax.
What you gave, not including the 25% the charity claims.
Your circumstancesThese only change the figures if you didn't enter a tax code:

2026/27 · tax code 1257L (assumed)

You take home a month£2,843.30from £3,750.00 gross
Income tax£540.50
National Insurance£216.20
Pension£150.00

Where your pay goes

Gross pay£3,750.00
Income tax−£540.50
National Insurance−£216.20
Pension−£150.00
Take-home£2,843.30

Each extra £1 you earn: 28p goes in deductions.

Employer National Insurance (not taken from your pay)
£6,000.00 a year
Adjusted net income (used for the £100,000 and Child Benefit limits)
£42,750.00 a year
  • Pension percentage applied to your whole salary (not just qualifying earnings).
  • Tax code not given: used 1257L, the code HMRC would normally give for 2026/27 with what you told us.

Annual workings

  1. SalarySalary before tax£45,000.00
  2. Tax code 1257L£12,570 tax-free: the standard tax-free Personal Allowance, rates for England and Northern Ireland£12,570.00
  3. Basic rate20% on £32,430£6,486.00
  4. National Insurance8% on £32,430 (earnings between £12,570 and £50,270)£2,594.40
  5. Pension£2,250.00 into your pension; you pay £1,800.00 and £450.00 tax relief is added£1,800.00
  6. Take-home£45,000.00 − £6,486.00 − £2,594.40 − £1,800.00£34,119.60

Sources: Rates and thresholds 2026 to 2027 (GOV.UK). Information, not advice.