UK Income Tax Calculator

Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.

Results: £2,495/month Salary After Tax

With a salary of £29,940 for the 2024/2025 tax year, you’ll take home £25,076, keeping 83.8% of your earnings in your pocket. That works out to about £2,090 each month, or £482 per week.

You’ll contribute £3,474 in Income Tax and £1,390 in National Insurance. It’s always good to know where your money is going!

Description Amount (£)
Salary / Gross Pay £29,940.00
Tax Free Allowance £12,570.00
Total Taxable £17,370.00
Income Tax / PAYE £3,474.00
National Insurance £1,389.60
Student Loan £0.00
Total PAYE Deductions £4,863.60
Net Wage / Take Home Pay £25,076.40
National Insurance Paid by Employer £2,875.92
Cost To Employer £32,815.92

PAYE Calculator: Breakdown at a Glance

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 £29,940.00 £4,863.60 £25,076.40
Monthly £2,495.00 £405.30 £2,089.70
Weekly £575.77 £93.53 £482.24
Daily (5 Day Week) £115.15 £18.71 £96.45
Hourly (37.5 Hour Week) £15.35 £2.49 £12.86