UK Tax Calculator

Calculate your tax, NI, and take-home pay (2024/25 rates)

Income Details

Enter your earnings and deductions

Pension Contributions

Extends basic rate band for higher/additional rate taxpayers

Your Take-Home Pay

£3,508.70

per month

£42,104.40 per year

Tax Breakdown

Gross Income£55,000.00
Personal Allowance Used£12,570.00
Taxable Income£52,250.00
Basic Rate (20%)-£7,540.00
Higher Rate (40%)-£792.00
Income Tax-£8,332.00
National Insurance-£4,563.60

Key Information

42%

Marginal Rate

23.4%

Effective Rate

Salary Sacrifice Savings

You save £330.00/year in NI through salary sacrifice

Pension Summary

Your Contribution£2,750.00/yr
Employer Contribution£2,750.00/yr
Total Annual Pension£5,500.00
Tax Relief Benefit+£1,100.00

This calculator provides estimates based on 2024/25 UK tax rates and does not constitute tax advice. Your actual tax position may vary. Consult a tax professional for personalised guidance.