We sort your Self Assessment for you. £169, all in.

Fast, effortless and 100% online.  Learn more

We sort your Self Assessment for you. £169, all in.
<- View all TaxScouts tax calculators

Salary after tax calculator

Quickly calculate your take home pay and know how much you pay in taxes.

Wondering how much you really earn after tax? Use our salary after tax calculator to quickly calculate how much you pay in taxes as well as your take home pay!

Your situation

Outlined number oneImage of an arrow
Your annual salary
View results

Tax and earnings

Outlined number two
  • Total earnings
  • Tax to pay
    £7,286 income tax
    £2,915 National Insurance
  • Earnings after tax

How your income tax is calculated

There are two main components that are taken off your gross pay –
income tax and national insurance contributions made by your employer.

In your case when you earn £49,000 yearly:

Income tax breakdown

You pay no income tax on first £12,570 that you make

You pay £7,286 at basic income tax rate (20%) on the next £36,430

National insurance contributions breakdown

No contributions on the first £12,570 that you make

You pay £2,915 in contributions (at 8%) on the next £36,430 that you make

On top of these, your employer will also pay £5,027 of additional NI contributions, but these don’t come out of your salary. Your employer has to cover them.

What’s meant by salary after tax?

When you earn money over a certain threshold, you have to pay Income Tax and National Insurance. The current threshold is £12,570.

If you’re employed and you get paid a salary every month, you’re taxed by a system called Pay As You Earn (PAYE). With PAYE, Income Tax and National Insurance are automatically deducted from your salary before it hits your bank account. This is the same if you’re on an hourly rate – your employer pretty much does all the groundwork!

When you’re self-employed, the system works a little differently. You have to file a tax return to declare your earnings and then file National Insurance and Income Tax manually on the day of the tax return deadline. When you pay online, this deadline is 31st January. 

When you earn money from both employment and other sources (e.g. you rent out a room in the house you own or have a side business), you’ll owe tax on the total amount. 

My pay is less than what’s on the calculator

If you’re PAYE, chances are more will be deducted from your salary than just National Insurance and Income Tax  (can’t catch a break, we know 😮‍💨) You may have pension contributions, student loan repayments or any other workplace benefits being deducted from your monthly pay. 

Our calculator shows you simply how much tax is deducted based on what you earn – but unfortunately we can’t calculate your perkbox membership or childcare vouchers.

Are there any other taxes to pay?

Is water wet? Yes, there are more taxes to pay than just National Insurance and Income Tax – plenty more. But the good thing is you probably won’t be liable for all of them – taxes you may owe depend on the source of your untaxed income. 

Some examples are:

  • A house sale – Capital Gains Tax
  • Profits made selling crypto – Capital Gains Tax
  • Money made from an estate after someone dies – Inheritance Tax
  • Money made from dividends – Income Tax, but at special rates for dividend earnings
  • Earnings from a side-hustle – Income Tax

How to use the calculator

Our calculator is really easy to use:

  • Pop in your annual salary/earnings (this is your gross salary)
  • Choose whether you want to see your monthly or yearly salary after tax
  • Select the tax year in question – this is important because tax rates can change depending on the budget

Get more help from the professionals

If you need more help regarding your tax liabilities, book a tax advice consultation with a TaxScouts accredited accountant. 30 minutes, 1-1, and all for a low-cost fee.

Looking for tax help?

Or see our Guides, Calculators or Taxopedia

TaxScouts Newsletter

Want regular tips from us?

Sign up for important updates, deadline reminders and basic tax hacks sent straight to your inbox.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.