Monthly salary calculator 2026/27
Enter your gross annual salary and see what lands in your bank account each month — after Income Tax, National Insurance, pension contributions and student loan repayments, using current HMRC rates.
Calculate my monthly take-home pay →How monthly take-home pay is worked out
PAYE tax and National Insurance are collected through each month's pay using your cumulative position in the tax year — so on a fixed salary the figure is usually the same every month. The calculator spreads your annual allowances and bands across the year: roughly the first £1,048 of monthly pay is covered by the Personal Allowance (£12,570 a year), with Income Tax and NI applied above that.
Why one month can differ from the rest
Bonuses, overtime, a mid-year pay rise or a tax-code change all shift a single month's deductions. If the tax code itself is wrong, every month is wrong until HMRC corrects it — check yours with our tax code checker.
Frequently asked questions
Is take-home pay the same every month?
For a fixed salary on a cumulative tax code, yes — PAYE spreads your allowances and bands evenly across the year. Months with bonuses, overtime or a mid-year pay rise will differ.
Does the calculator include pension and student loan?
Yes. Set your pension contribution type and percentage, and your student loan plan, and the monthly figure reflects both.
Is monthly tax a separate calculation from annual tax?
No — your annual tax bill is collected in monthly instalments through PAYE, tracked cumulatively so the year-end total lands correctly.