Pay rise calculator
Your take-home pay
£2,813.30 a month
Monthly deductions: Income Tax £490.50; National Insurance £196.20.
England, Wales or Northern Ireland; tax code 1257L; NI category A. No pension. No student loan.
- Take-home 80.4%
- Income Tax 14.0%
- National Insurance 5.6%
Effective Income Tax rate: 14%. Take-home is 80.4% of gross pay.
Annual estimates use annual thresholds. Your employer’s period PAYE deductions may differ.
Full breakdown
| Pay and deductions | Year | Month | Week | Day | Month |
|---|---|---|---|---|---|
| Gross pay | £42,000.00 | £3,500.00 | £807.69 | £161.54 | £3,500.00 |
| Income Tax | £5,886.00 | £490.50 | £113.19 | £22.64 | £490.50 |
| National Insurance | £2,354.40 | £196.20 | £45.28 | £9.06 | £196.20 |
| Take-home pay | £33,759.60 | £2,813.30 | £649.22 | £129.84 | £2,813.30 |
Gross hourly equivalent: £21.54. Take-home hourly equivalent: £17.31.
| Pay | Before | After | Difference |
|---|---|---|---|
| Gross a year | £40,000.00 | £42,000.00 | +£2,000.00 |
| Take-home a year | £32,319.60 | £33,759.60 | +£1,440.00 |
| Income Tax | £5,486.00 | £5,886.00 | +£400.00 |
| National Insurance | £2,194.40 | £2,354.40 | +£160.00 |
| Take-home a month | £2,693.30 | £2,813.30 | +£120.00 |
How we got this
- Personal Allowance used: £12,570.00
- Taxable pay after allowances: £29,430.00
- Basic rate: £5,886.00
- Higher rate: £0.00
- Additional rate: £0.00
- Employee National Insurance: £2,354.40
- Student loan repayments: £0.00
- Pension deducted from your pay: £0.00
- Salary exchanged for pension contributions: £0.00
- Your annual take-home pay: £33,759.60
| Band | Earnings | Rate | Deduction |
|---|---|---|---|
| Basic rate | £29,430.00 | 20% | £5,886.00 |
| Band | Earnings | Rate | Deduction |
|---|---|---|---|
| Between the primary and upper earnings thresholds | £29,430.00 | 8% | £2,354.40 |
| Above the upper earnings limit | £0.00 | 2% | £0.00 |
Take-home pay with a pension
These examples use relief at source on qualifying earnings, with your other settings.
| Contribution | Pension a month | Take-home a month |
|---|---|---|
| No pension | £0.00 | £2,813.30 |
| 3% of qualifying earnings | £71.52 | £2,741.78 |
| 5% of qualifying earnings | £119.20 | £2,694.10 |
| 8% of qualifying earnings | £190.72 | £2,622.58 |
| 10% of qualifying earnings | £238.40 | £2,574.90 |
These examples exclude extra tax relief and any Personal Allowance restoration claimed through Self Assessment. Pension method.
How we compare your pay
We calculate both salaries with the same tax year, region and deductions. The difference shows how much of your rise you keep.
Worked example
A rise from £40,000 to £42,000 adds £120.00 to monthly take-home pay in the default example.
Common questions
Why do I keep less than the gross rise?
A pay rise can increase Income Tax, National Insurance and student loan repayments. Pension contributions may also increase.
Does this model a rise halfway through the year?
No. We compare two full years at each salary. A mid-year change will produce a different annual result.
Sources and methodology
Both estimates use the same calculation method and published rates.