Tax & Income
Convert between annual, monthly, weekly, daily, and hourly pay. See your take-home after income tax, National Insurance, pension, and student loan.
Monthly take-home pay
£2,393
£28,720 per year · £4,486 income tax · 17.9% effective rate
2026/27 income tax & NI
| Period | Gross | Take-Home (Net) |
|---|---|---|
| Annual | £35,000 | £28,720 |
| Monthly | £2,917 | £2,393 |
| Weekly | £673.08 | £552.30 |
| Daily (5 days/week) | £134.62 | £110.46 |
| Hourly (37.5hrs/wk) | £17.95 | £14.73 |
This calculator converts between annual, monthly, weekly, daily, and hourly pay and shows your estimated take-home after income tax and National Insurance for 2026/27. It uses the standard UK personal allowance of £12,570 and the England/Wales/Northern Ireland income tax bands; Scottish rates are covered by the Income Tax Calculator.
Open the "Optional deductions" section to include a pension contribution and/or student loan repayment. The pension figure is your employee contribution as a percentage of gross salary — tax relief is added on top of this by your pension provider and does not reduce the deduction shown. For salary sacrifice, which also reduces income tax and NI, use the Salary Sacrifice Calculator. Student loan repayments use 2026/27 thresholds for Plans 1, 2, 4, 5, and the Postgraduate Loan.
A £5,000 salary increase rarely translates to £5,000 extra in your pocket. At a basic rate income (under £50,270), roughly 32p of every additional £1 goes to tax and NI, so a £5,000 raise is worth around £3,400 net. At a higher-rate income the effective marginal rate is around 42%, so the same raise is worth approximately £2,900 take-home. Use this calculator to compare two salary figures side-by-side before accepting any offer.
The calculator assumes 5 working days per week and 52 weeks per year (260 days) for daily and hourly conversions. Contractors comparing a day rate against a permanent salary should also account for the lack of employer pension contributions, holiday pay, and employer NI savings that come with PAYE employment.