Net Income Calculator UK 2026

Calculate your net income — gross salary minus income tax, National Insurance, student loan and pension. Also works as a net earnings calculator, net salary calculator, and net pay estimator for the 2026 tax year. HMRC data.

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Auto-enrolment minimum is 5%. Pension is via salary sacrifice.

2025/26 tax year · England, Wales & Northern Ireland · HMRC rates

Take-Home Pay

£2,288

per month

Gross Pay£2,917
Income Tax−£345
National Insurance−£138
Pension Contribution-£146
Take-Home Pay£2,288

Annual Breakdown

Take-Home Pay£27,460
Income Tax£4,136
National Insurance£1,654
Student Loan£0
Pension£1,750

Effective Rates

Effective Tax Rate (tax + NI)

16.5%

Marginal Income Tax Rate

20.0%

Annual Gross£35,000
Personal Allowance£12,570
Taxable Income£20,680

Frequently Asked Questions

What is net income in the UK?

Net income (also called net earnings, net pay or take-home pay) is your gross salary minus income tax, National Insurance, student loan repayments and pension contributions. It is the amount that actually arrives in your bank account each pay period.

How do I calculate net income from gross salary in the UK?

Net income = gross salary − income tax − National Insurance Class 1 − student loan (if applicable) − pension contributions. For 2026, the personal allowance is £12,570. The basic rate is 20% above that up to £50,270.

What is the net income on £35,000 in the UK?

On £35,000 in 2026, net income is approximately £28,718 per year — about £2,393 per month. This is after £4,486 income tax and £1,796 National Insurance, with no student loan or pension. Source: HMRC 2026 rates.

Is net income the same as taxable income?

No. Taxable income is your gross income minus allowable deductions (pension contributions, allowable expenses). Net income is what you receive after income tax and National Insurance are deducted from your taxable income.

Does pension salary sacrifice reduce net income?

Yes — but it also reduces your tax and NI, so the impact on take-home is less than the pension contribution. A 5% pension contribution on a £35,000 salary costs around £1,600 from take-home pay while putting £1,750 into your pension.

Take-Home Pay for Common UK Salaries (2025/26)

England, Wales & Northern Ireland. No student loan, no pension contribution. Source: HMRC 2025/26 rates.

SalaryIncome TaxNat. InsuranceTake-HomePer MonthEff. Rate
£20,000£1,486£594£17,920£1,49310.4%
£25,000£2,486£994£21,520£1,79313.9%
£30,000£3,486£1,394£25,120£2,09316.3%
£35,000£4,486£1,794£28,720£2,39317.9%
£40,000£5,486£2,194£32,320£2,69319.2%
£50,000£7,486£2,994£39,520£3,29321.0%
£60,000£11,432£3,211£45,357£3,78024.4%
£80,000£19,432£3,611£56,957£4,74628.8%
£100,000£27,432£4,011£68,557£5,71331.4%

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