Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.
With a salary of £24,463 for the 2024/2025 tax year, you’ll take home £21,133, keeping 86.4% of your earnings in your pocket. That works out to about £1,761 each month, or £406 per week.
You’ll contribute £2,379 in Income Tax and £951 in National Insurance. It’s always good to know where your money is going!
| Description | Amount (£) |
|---|---|
| Salary / Gross Pay | £24,463.00 |
| Tax Free Allowance | £12,570.00 |
| Total Taxable | £11,893.00 |
| Income Tax / PAYE | £2,378.60 |
| National Insurance | £951.44 |
| Student Loan | £0.00 |
| Total PAYE Deductions | £3,330.04 |
| Net Wage / Take Home Pay | £21,132.96 |
| National Insurance Paid by Employer | £2,120.09 |
| Cost To Employer | £26,583.09 |
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 | £24,463.00 | £3,330.04 | £21,132.96 |
| Monthly | £2,038.58 | £277.50 | £1,761.08 |
| Weekly | £470.44 | £64.04 | £406.40 |
| Daily (5 Day Week) | £94.09 | £12.81 | £81.28 |
| Hourly (37.5 Hour Week) | £12.55 | £1.71 | £10.84 |