Payslip Calculator 2025/26
See a full monthly payslip breakdown for 2025/26. Enter your annual salary to see gross pay, Income Tax, National Insurance, pension deductions and student loan repayments — exactly as they appear on your payslip each month.
Your Details
Monthly Take-Home Pay
£0
£0 per year
Gross Monthly
£0
Personal Allowance
£0
Taxable (Monthly)
£0
Income Tax
£0
National Insurance
£0
Pension
£0
Student Loan
£0
Total Deductions
£0
Net Monthly Pay
£0
How Your Payslip Is Calculated
Your monthly payslip breaks down your gross salary into each deduction line by line. Income Tax is calculated using the PAYE cumulative system — your annual tax-free Personal Allowance (£12,570) is split across 12 months, and anything above is taxed at 20%, 40% or 45%.
National Insurance for employees in 2025/26 is 8% on earnings between £12,570 and £50,270, then 2% above that. Pension contributions (typically 5% minimum for auto-enrolment) are deducted either from gross or net pay depending on your scheme type.
Student loan repayments are calculated at 9% of income above your plan's threshold (6% for postgraduate loans). The threshold varies by plan — Plan 2 starts at £27,295, Plan 1 at £22,015, and Plan 4 (Scotland) at £27,660 for 2025/26.
What You Need to Know About Your Payslip
By law, your employer must provide a payslip showing gross pay, all deductions (with amounts), and net pay. Since April 2019, payslips must also show the number of hours worked if pay varies by time. Check your tax code (shown as 1257L for most people) — an incorrect code is the most common reason for unexpected deductions.
Your payslip may also show employer contributions to your pension and employer NI. These don't affect your take-home pay but are useful for understanding your total employment cost. If your payslip shows cumulative figures, these track your year-to-date totals and help ensure accuracy across the tax year.
Frequently Asked Questions
What deductions appear on a UK payslip?
A standard payslip shows gross pay, Income Tax (PAYE), employee National Insurance, pension contributions and student loan repayments. Some also show employer NI and pension, though these don't reduce your take-home.
How is PAYE calculated on my payslip?
PAYE uses your tax code to calculate monthly tax-free pay. Taxable pay is split across the 20%, 40% and 45% bands. The cumulative system tracks year-to-date income to ensure accuracy.
Why is my payslip different every month?
Variations come from overtime, bonuses, commission or pension changes. Tax is cumulative, so HMRC adjusts over the year. A tax code change can cause a one-off adjustment in the next pay period.
What student loan plan am I on?
Plan 1 is for pre-2012 England/Wales or any Scottish/NI loans. Plan 2 is post-2012 England/Wales. Plan 4 is Scottish from 1998. Plan 5 is from 2023. Check your SLC account to confirm.
How much pension should I contribute?
Auto-enrolment minimum is 5% employee (with 3% employer). Many advisers recommend 12-15% total. Higher rate taxpayers benefit most from pension contributions due to tax relief at their marginal rate.
What is the difference between gross and net pay?
Gross pay is total earnings before deductions. Net pay is what you receive after Income Tax, NI, pension and other deductions are subtracted. Your payslip should show both figures clearly.
Related Calculators
Income Tax Calculator
Full annual take-home pay breakdown for 2025/26.
National Insurance Calculator
Calculate employee and employer NI contributions.
Salary Calculator
Convert between annual, monthly, weekly and hourly pay.
Student Loan Calculator
Estimate monthly repayments and time to clear your loan.