Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.
With a salary of £16,000 for the 2024/2025 tax year, you’ll take home £15,040, keeping 94% of your earnings in your pocket. That works out to about £1,253 each month, or £289 per week.
You’ll contribute £686 in Income Tax and £274 in National Insurance. It’s always good to know where your money is going!
| Description | Amount (£) |
|---|---|
| Salary / Gross Pay | £16,000.00 |
| Tax Free Allowance | £12,570.00 |
| Total Taxable | £3,430.00 |
| Income Tax / PAYE | £686.00 |
| National Insurance | £274.40 |
| Student Loan | £0.00 |
| Total PAYE Deductions | £960.40 |
| Net Wage / Take Home Pay | £15,039.60 |
| National Insurance Paid by Employer | £952.20 |
| Cost To Employer | £16,952.20 |
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 | £16,000.00 | £960.40 | £15,039.60 |
| Monthly | £1,333.33 | £80.03 | £1,253.30 |
| Weekly | £307.69 | £18.47 | £289.22 |
| Daily (5 Day Week) | £61.54 | £3.69 | £57.84 |
| Hourly (37.5 Hour Week) | £8.21 | £0.49 | £7.71 |