Salary and take-home pay calculator

This calculator breaks any annual salary down into monthly, weekly, daily, and hourly figures, and estimates your take-home pay after tax and other deductions. Because income tax and contributions vary by country and change each year, the tool uses an adjustable deductions percentage so it works for the UK, US, and anywhere else — just enter your overall rate.

How to estimate your deduction rate

Your total deduction percentage includes income tax plus things like National Insurance (UK), Social Security and Medicare (US), and any pension contributions. As a rough guide, many UK employees on average salaries lose around 25–32% to tax and National Insurance combined, while US take-home depends heavily on your state. For an exact figure, check your payslip or your country’s official tax tool.

Why break pay down by hour?

Seeing your effective hourly rate helps you compare jobs, value your time, and decide whether overtime or freelance work is worthwhile. Once you know your take-home, plan it with our budget calculator.

Frequently asked questions

Does this use official UK or US tax bands?

No. It uses a single adjustable percentage so it stays accurate across countries and tax years. For precise UK figures use HMRC’s tools; for the US, your state and federal brackets apply.

Disclaimer: This calculator provides estimates only and is not tax or financial advice. Actual deductions depend on your personal circumstances and current tax law.

From gross salary to take-home pay: worked example

Take a gross salary of £35,000 for a 37.5-hour week. The gross hourly rate is £35,000 ÷ (37.5 × 52) = £17.95. For an employee in England with a standard tax code, income tax is 20% of the earnings above the £12,570 personal allowance (£4,486), and employee National Insurance at 8% on the same band is about £1,794. Together these are about £6,280, or roughly 18% of gross pay.

Entering 18% as the deduction rate gives take-home pay of about £28,700 a year, £2,393 a month, and roughly £14.73 per hour worked. If you also pay 5% into a workplace pension or repay a student loan, add those percentages to the deduction rate. Tax bands and thresholds change, and Scotland uses different income tax rates, so check the current figures on GOV.UK or your latest payslip.

What usually comes out of your pay

UK: income tax, employee National Insurance, workplace pension contributions, student loan repayments, and sometimes salary sacrifice schemes such as cycle-to-work.

US: federal income tax, state and sometimes local income tax, FICA (6.2% Social Security plus 1.45% Medicare, 7.65% in total for most employees), 401(k) contributions, and health insurance premiums.

The most accurate deduction rate is the one on your own payslip: add up all the deductions for one pay period and divide by the gross pay for that period.

Hourly rate to annual salary

Hourly rate	Weekly (37.5 h)	Annual (52 weeks)
12.00	450.00	23,400
15.00	562.50	29,250
20.00	750.00	39,000
25.00	937.50	48,750

The figures work in pounds, dollars or any other currency. For a 40-hour US working week, multiply the hourly rate by 2,080 instead of 1,950.

Converting between pay periods

To compare job offers or check a payslip, convert everything to an annual figure first. Multiply weekly pay by 52, fortnightly or bi-weekly pay by 26, four-weekly pay by 13, semi-monthly pay by 24, and monthly pay by 12. Note that four-weekly and monthly pay are not the same: 13 four-weekly payments give you one more payday per year than 12 monthly ones. To see how many days you actually work, read how many working days are in a year, and use the budget calculator to plan around your net pay. This tool gives estimates only and is not tax advice.