🇬🇧
UK Take-Home Pay Calculator
Income Tax · National Insurance · 2024/25 HMRC rates
2024 Update: National Insurance was reduced from 12% to 10% in January 2024, then further to 8% in April 2024. This calculator uses the current 8%/2% rates.
£
2024/25 UK Tax Rates
Income Tax
| Personal Allowance | £0 – £12,570 | 0% |
| Basic Rate | £12,571 – £50,270 | 20% |
| Higher Rate | £50,271 – £125,140 | 40% |
| Additional Rate | Over £125,140 | 45% |
National Insurance (Class 1)
| Below PT | Under £12,570/yr | 0% |
| Main Rate | £12,570 – £50,270 | 8% |
| Upper Rate | Over £50,270/yr | 2% |
NI rates as of April 2024 (reduced from 10% in Jan 2024 and 12% before that).
| Annual Salary | Income Tax | NI | Take-Home/yr | Take-Home/mo |
|---|---|---|---|---|
| £20,000 | £1,486 (7.4%) | £596 (3.0%) | £17,918 | £1,493 |
| £30,000 | £3,486 (11.6%) | £1,396 (4.7%) | £25,118 | £2,093 |
| £50,000 | £7,486 (15.0%) | £3,016 (6.0%) | £39,498 | £3,291 |
| £60,000 | £11,486 (19.1%) | £3,696 (6.2%) | £44,818 | £3,735 |
| £80,000 | £19,486 (24.4%) | £4,096 (5.1%) | £56,418 | £4,702 |
| £100,000 | £27,486 (27.5%) | £4,496 (4.5%) | £68,018 | £5,668 |
🇬🇧 vs 🇺🇸 Tax Comparison
On a comparable salary ($75K / £60K):
- • UK effective rate: ~25.3% (income tax + NI)
- • US effective rate: ~20.6% (federal + FICA, no state)
- • The UK's combined income tax + NI often exceeds the US rate, but the UK includes NHS healthcare — a major benefit not counted in take-home pay comparisons.
📊 What's Not Included
- • Pension contributions: Auto-enrollment min 5% employee + 3% employer
- • Student loan: Plan 1 (9% above £24,990), Plan 2 (9% above £27,295)
- • Benefits in kind: Company car, private health, etc.
- • Scottish Income Tax: Different rates apply in Scotland