What's your take-home pay in 2026/27?

How your take-home pay is calculated

Four deductions stand between your salary and your bank account, and they're calculated in a specific order:

• Pension comes off first. In a net pay arrangement (the setup this calculator assumes), your contribution is deducted before tax is worked out — so pension contributions automatically reduce your income tax.
• Income tax applies to what's left after your personal allowance (£12,570 on the standard code): 20% basic rate up to £50,270, 40% higher rate up to £125,140, and 45% above that. Over £100,000 the personal allowance tapers away.
• National Insurance is calculated on your gross pay (pension doesn't reduce it unless you use salary sacrifice): 8% between £12,570 and £50,270, then 2% above.
• Student loan repayments are a percentage of everything you earn above your plan's threshold — 9% for plans 1, 2, 4, and 5, or 6% for postgraduate loans.

The numbers here come from the same calculation engine that generates real payslips in PayAdjust, using the 2026/27 rates and thresholds HMRC publishes for payroll software.

This is an estimate for a standard tax code, not financial advice — your payslip depends on your actual code and arrangements.