Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.
With a salary of £23,000 for the 2024/2025 tax year, you’ll take home £20,080, keeping 87.3% of your earnings in your pocket. That works out to about £1,673 each month, or £386 per week.
You’ll contribute £2,086 in Income Tax and £834 in National Insurance. It’s always good to know where your money is going!
| Description | Amount (£) |
|---|---|
| Salary / Gross Pay | £23,000.00 |
| Tax Free Allowance | £12,570.00 |
| Total Taxable | £10,430.00 |
| Income Tax / PAYE | £2,086.00 |
| National Insurance | £834.40 |
| Student Loan | £0.00 |
| Total PAYE Deductions | £2,920.40 |
| Net Wage / Take Home Pay | £20,079.60 |
| National Insurance Paid by Employer | £1,918.20 |
| Cost To Employer | £24,918.20 |
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 | £23,000.00 | £2,920.40 | £20,079.60 |
| Monthly | £1,916.67 | £243.37 | £1,673.30 |
| Weekly | £442.31 | £56.16 | £386.15 |
| Daily (5 Day Week) | £88.46 | £11.23 | £77.23 |
| Hourly (37.5 Hour Week) | £11.79 | £1.50 | £10.30 |