Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.
With a salary of £20,000 for the 2025/2026 tax year, you’ll take home £17,920, keeping 89.6% of your earnings in your pocket. That works out to about £1,493 each month, or £345 per week.
You’ll contribute £1,486 in Income Tax and £594 in National Insurance. It’s always good to know where your money is going!
Description | Amount (£) |
---|---|
Salary / Gross Pay | £20,000.00 |
Tax Free Allowance | £12,570.00 |
Total Taxable | £7,430.00 |
Income Tax / PAYE | £1,486.00 |
National Insurance | £594.40 |
Student Loan | £0.00 |
Total PAYE Deductions | £2,080.40 |
Net Wage / Take Home Pay | £17,919.60 |
National Insurance Paid by Employer | £2,250.00 |
Cost To Employer | £22,250.00 |
Our easy-to-use taxable income calculator provides accurate and fast estimates, helping you plan your finances effectively.
Frequency | Gross Pay (£) | Deductions (£) | Net Pay (£) |
---|---|---|---|
Annually | £20,000.00 | £2,080.40 | £17,919.60 |
Monthly | £1,666.67 | £173.37 | £1,493.30 |
Weekly | £384.62 | £40.01 | £344.61 |
Daily (5 Day Week) | £76.92 | £8.00 | £68.92 |
Hourly (37.5 Hour Week) | £10.26 | £1.07 | £9.19 |