Calculate your net take-home pay for employees, freelancers, and contractors
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Your take-home pay is calculated by deducting Income Tax, National Insurance contributions, pension contributions, and any business expenses from your gross income. The exact amount depends on your employment type and income level.
For the 2025-26 tax year, the personal allowance is £12,570. Basic rate (20%) applies to income between £12,571 and £50,270. Higher rate (40%) applies to income between £50,271 and £125,140. Additional rate (45%) applies to income over £125,140.
Employees pay Class 1 National Insurance: 8% on earnings between £12,570 and £50,270, then 2% above that. Self-employed pay Class 2 (£3.45 per week if profits exceed £6,725) and Class 4 (6% on profits between £12,570 and £50,270, then 2% above).
Self-employed individuals, freelancers, contractors, and limited company directors can deduct allowable business expenses from their gross income before calculating tax. Employees generally cannot deduct expenses in this calculator.
Pension contributions reduce your taxable income and National Insurance for employees. This means you pay less tax and NI, making pensions a tax-efficient way to save for retirement.
This calculator provides estimates based on simplified UK tax rates for 2025-26. It doesn't account for student loans, childcare vouchers, or other specific deductions. For precise calculations, consult an accountant or use HMRC's official tools.