How the Salary calculator works
- answer some key questions
- include optional extra details about your pension contributions or student loan repayments
- choose to compare to a second salary
- get an estimate of your take home pay after tax and your deductions.
How the Salary calculator can help you manage your money
- gives you a clear picture of your earnings after tax and other deductions, so you can take control of your spending and saving
- shows you how a different salary could change your take home pay – if you’re thinking of changing your job or hours.
- helps you make a realistic budget.
Do your hours go up and down?
If you don’t work the same amount each week or month, you can still use the Salary calculator to get an idea of your take home pay – but you might find How to budget for an irregular income more helpful.
Are you self-employed?
If you’re self-employed the Salary calculator is not for you. This is because the calculator works out your pay based on the Pay As You Earn (PAYE) tax and National Insurance system. When you’re self-employed the way you pay tax and National Insurance contributions works differently.