Tax rates

The numbers behind your take-home pay.

A plain-English overview of the current Income Tax, National Insurance and student-loan thresholds used by the calculator.

The 60-second payslip

Where your money goes

Your employer begins with gross pay. PAYE Income Tax uses your tax code and bands; National Insurance uses the amount earned in each pay period. Pension and loan deductions follow their own rules. What remains is your take-home pay.

2026/27 at a glance

The current headline figures.

The standard Personal Allowance stays at £12,570. It reduces by £1 for every £2 of adjusted net income above £100,000.

Income Tax

20% · 40% · 45%

England, Wales and Northern Ireland

Tax-free allowance: £12,570
Basic-rate taxable band: £37,700
Additional rate from: £125,140

National Insurance

8% then 2%

Employee category A

Starts above: £1,048 / month
Lower rate above: £4,189 / month

Student loans

9% above your plan

Plus 6% for a postgraduate loan

Plan 1 threshold: £26,900
Plan 2 threshold: £29,385
Plan 4 threshold: £33,795
Plan 5 threshold: £25,000

Rates checked against HMRC and Scottish Government publications on 23 July 2026. View sources and assumptions.

Living in Scotland?

Six bands. One clear result.

For 2026/27, Scottish employment income runs from a 19% starter rate to a 48% top rate. Choose Scotland—or enter an S-prefixed tax code—and takehome.info applies those bands automatically.

Calculate Scottish take-home →

Use the figures

See what the rates mean for your pay.

Open the calculator