Net Take-Home Pay
£0
£0 per month
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UK Income Tax Calculator
Calculate your Income Tax, National Insurance, and net salary for 2026/27
£
Deductions Breakdown
Estimate only — calculated from the details entered and rates last verified September 2026. Your actual figures may differ.
These results are estimates for the 2026/27 tax year, based on the figures you have entered. They are for general guidance only and do not constitute tax, accountancy or financial advice. Your actual position depends on your full circumstances — please confirm it with a qualified accountant before acting.
Verified by Chartered Accountants: Figures checked by Apex Accountants' ACCA/ICAEW chartered accountants. Last reviewed September 2026.
2026/27 Income Tax & Student Loan Rates
| Tax Band / Plan | Threshold | Rate |
|---|---|---|
| Personal Allowance | £0 – £12,570 | 0% |
| Basic Rate | £12,571 – £50,270 (£37,700 taxable) | 20% |
| Higher Rate | £50,271 – £125,140 | 40% |
| Additional Rate | Over £125,140 | 45% |
| Employee NI | £12,570 – £50,270 / >£50,270 | 8% / 2% |
| Student Loans | P1 £26,900 / P2 £29,385 / P4 £33,795 / P5 £25,000 / PG £21,000 | 9% (PG 6%) |
Rates for the 2026/27 tax year — last verified September 2026.
Frequently Asked Questions
How much income tax do I pay on a £50,000 salary?
On a £50,000 salary for 2026/27 without pension deductions, your Income Tax is £7,486 and Employee National Insurance is £2,994, giving a net take-home pay of £39,520.
What happens to my tax allowance if I earn over £100,000?
Your £12,570 Personal Allowance reduces by £1 for every £2 earned above £100,000. At £125,140, your Personal Allowance is zero.
What are the 2026/27 student loan repayment thresholds?
Plan 1 threshold is £26,900; Plan 2 is £29,385; Plan 4 (Scotland) is £33,795; Plan 5 is £25,000; and Postgraduate Loan is £21,000.
Related Services & Calculators
Important information about these calculators
Purpose. These free calculators are provided by Apex Accountants & Tax Advisors LTD to give an indication of common UK tax and accounting figures.
Not advice. The results are indicative estimates only and do not constitute formal tax or financial advice.
Assumptions and accuracy. Each calculator applies published HMRC rates for 2026/27 (last verified September 2026).
© Apex Accountants & Tax Advisors LTD. Figures checked by our ACCA/ICAEW chartered accountants. Last reviewed September 2026.