What's Left, step 1 of 7: What will I take home?

Income Tax calculator

See how much Income Tax you pay in each band.

2026/27 tax yearAll of the UK, including ScotlandRates checked 18 October 2026

By the ComputeNow team, checked against GOV.UK and HMRCSources (4)How we calculate

Earnings and other income

A year before tax: pay, profits, pensions and rent.

Savings interest

A year, outside an ISA. Optional.

Dividends

A year, outside an ISA or pension. Optional.

Where you live

England, Wales or NIScotland

Choose Scotland if your tax code starts with S.

We've assumed the usual tax code (1257L). Change these under More options.

More optionsTax code, pension and Gift Aid relief, Marriage Allowance, Blind Person's Allowance

Pension paid to a relief-at-source scheme

A year, what you paid. Optional.

Gift Aid donations

A year, what you gave. Optional.

Marriage Allowance

NoneI receive itI give it

Tax code

From your payslip, for example 1257L.

I get Blind Person's Allowance

Adds £3,250 to your tax-free allowance. If it is already in your tax code, leave this unticked.

No sign-up. No bank login. What you type stays in your browser.

Your Income Tax is

£11,432.00

a year, or £952.67 a month: 19.1% of your £60,000 income.

Band by band

Item	Income	Rate	Tax
Personal Allowance	£12,570.00	0%	£0.00
Basic rate on earnings and other income	£37,700.00	20%	£7,540.00
Higher rate on earnings and other income	£9,730.00	40%	£3,892.00
Total Income Tax			£11,432.00

Earning over £50,270 doesn't put all your income in the 40% band. Only the part above £50,270 is taxed at 40%; the rest is taxed exactly as before.

This is an estimate, not financial advice. Based on 2026/27 rates for England, Wales and Northern Ireland. It does not include National Insurance or Capital Gains Tax.

Next steps

Take-home pay calculatorAdd National Insurance, pension and student loan to see what you take home.

What's Left adds up your monthly figures from each calculator and shows what is left each month.

Your Income Tax is £11,432.00Breakdown

How Income Tax bands work

Each slice of your income is taxed at its own rate, so earning more never reduces your take-home pay overall.

Over £100,000 your Personal Allowance shrinks by £1 for every £2 earned, and it is gone at £125,140. Read more in our guide to how Income Tax bands work in 2026/27.

Common questions

What are the Income Tax bands for 2026/27?

In England, Wales and Northern Ireland: no tax on the first £12,570, 20% up to £50,270, 40% up to £125,140 and 45% above. Scotland has its own rates.

How much tax do I pay on £50,000?

£7,486.00 of Income Tax a year in England, Wales or Northern Ireland, with the standard Personal Allowance. National Insurance is on top.

How are savings interest and dividends taxed?

Basic-rate taxpayers get £1,000 of interest tax-free (£500 for higher-rate). Everyone gets £500 of dividends tax-free; above that dividends are taxed at 10.75%, 35.75% or 39.35%.

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Guides and help

Our guides

How Income Tax bands work in 2026/27Personal Allowance, basic, higher and additional rate UK tax rates and thresholds 2026/27Every Income Tax, NI, student loan, savings, property and vehicle figure in one place What does my tax code mean? 1257L, BR, 0T and K explainedRead your code and see what it does to your pay The 60% tax trapWhy income over £100,000 is taxed at 60%, and what to do

Official services and free advice

Check your Income Tax for this yearGOV.UK: your tax code and pay so far Tax codes explainedGOV.UK: what yours means, and fixing a wrong one Marriage AllowanceGOV.UK: share part of your Personal Allowance Self Assessment tax returnsGOV.UK: who needs to send one Tax relief for work expensesGOV.UK: uniforms, tools, mileage, working from home

Sources

Each source was last checked on 18 October 2026.

These results are an estimate, not financial advice. They use the 2026/27 rates in force on 24 October 2026 and the inputs shown, so your actual tax, pay or costs may differ. Before making a decision about your money, check the figures with HMRC or your provider, or speak to a regulated financial adviser. Free, impartial guidance is available from MoneyHelper.

This page explains the rules using the 2026/27 rates in force on 24 October 2026. It is general information, not financial advice. For decisions about your own money, speak to a regulated financial adviser, or get free, impartial guidance from MoneyHelper.