🇺🇸 US 🇬🇧 UK 🇨🇦 Canada 🇦🇺 Australia

Paycheck Calculator

Enter your salary to see your take-home pay after taxes and deductions.

Quick Answer

US: Take-home is typically 70–80% of gross after federal tax, Social Security (6.2%), Medicare (1.45%), and state tax. UK: income tax + NI (8% up to £50,270) reduces gross by 25–32% for basic-rate payers. Canada: 22–27% deducted for CPP, EI, and federal/provincial tax on average income.

$

How Take-Home Pay is Calculated

🇺🇸

United States

The US uses a progressive federal tax system with 7 brackets (10%–37%). But you also pay FICA taxes:

  • Social Security: 6.2% (up to $168,600 wage base)
  • Medicare: 1.45% (+ 0.9% on income > $200K)
  • State tax: 0% (WA, TX, FL…) to 13.3% (CA)
  • Standard deduction: $14,600 single / $29,200 married
Formula: Net = Gross − Federal Tax − SS − Medicare
🇬🇧

United Kingdom

UK workers pay income tax AND National Insurance (NI) — two separate deductions:

  • Personal Allowance: £12,570 tax-free
  • Basic Rate: 20% on £12,571–£50,270
  • Higher Rate: 40% on £50,271–£125,140
  • NI: 8% (£12,570–£50,270), 2% above
Formula: Net = Gross − Income Tax − National Insurance
Take-Home Pay Comparison — $60,000 / £50,000 Salary
Country Gross Income Tax Social Tax Take-Home % Kept
🇺🇸 USA$60,000$5,481 (9.1%)$4,590 (7.6%)$49,92983.2%
🇬🇧 UK£50,000£7,486 (15.0%)£3,016 (6.0%)£39,49879.0%
🇨🇦 CanadaCA$60,000CA$7,065 (11.8%)CA$3,753 (6.3%)CA$49,18282.0%
🇦🇺 AustraliaA$60,000A$11,067 (18.4%)A$1,200 (2.0%)A$47,73379.6%

⚠️ Important Notes

  • • This calculator estimates federal/national taxes only. US state income taxes (0–13.3%) are not included.
  • • 401(k), pension contributions, health insurance premiums, and local taxes will further reduce take-home pay.
  • • Results are estimates. Use official HMRC, IRS, or CRA tools for precise figures.

Sources & Methodology

Take-home pay subtracts federal income tax withholding (IRS Publication 15-T), FICA (Social Security and Medicare), and state taxes from gross pay.

Standards and figures reviewed 2026.