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Income Tax Calculator

Find out exactly how much income tax and National Insurance you pay and what you take home using our Income Tax Calculator.

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2026/27 tax year — updated for latest HMRC rates

UK income tax calculator

Find out exactly how much income tax and National Insurance you pay — and what you take home.

Your details

Employment type

Annual salary (gross, before tax)

Pension contributions (monthly — optional)

Pension contributions reduce your taxable income

Tax year

I live in Scotland (different tax rates apply)

Your results

Enter your income on the left to see your tax breakdown.

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Income tax rates 2026/27

Tax is calculated in bands — you only pay each rate on the portion of income in that band, not your total earnings.

Income	Rate	Band
Up to £12,570	0%	Personal allowance
£12,571 – £50,270	20%	Basic rate
£50,271 – £125,140	40%	Higher rate
Over £125,140	45%	Additional rate

National Insurance 2026/27

Employees pay Class 1. Self-employed pay Class 4 plus a small Class 2 contribution.

Type	Rate	On earnings
Class 1 (employed)	8%	£12,570 – £50,270
Class 1 (employed)	2%	Above £50,270
Class 4 (self-employed)	6%	£12,570 – £50,270
Class 4 (self-employed)	2%	Above £50,270
Class 2 (self-employed)	£3.45/wk	If profits above £12,570

Frequently asked questions

How much tax do I pay on a £50,000 salary in 2026/27?

On a £50,000 salary you pay £7,486 in income tax and £2,994 in National Insurance — a total of £10,480. Your take-home pay is approximately £39,520 per year or £3,293 per month.

What is the UK personal allowance for 2026/27?

The personal allowance is £12,570 — the amount you can earn before paying income tax. If your income exceeds £100,000, the allowance reduces by £1 for every £2 earned above that, disappearing entirely at £125,140.

How is self-employed tax different from employed tax?

Self-employed people pay Class 4 National Insurance (6% up to £50,270, 2% above) instead of Class 1, plus a small Class 2 contribution. Unlike employees, self-employed people can deduct allowable business expenses from their income before tax is calculated.

Do pension contributions reduce my tax bill?

Yes. Pension contributions reduce your taxable income directly. A higher rate taxpayer making £500/month in pension contributions saves approximately £2,400 per year in income tax. Use the pension field in the calculator above to see the impact.

Can eAccounts help me pay less tax legally?

Yes. eAccounts helps UK sole traders, limited companies and eCommerce sellers structure their income, claim all allowable expenses, and use pension contributions and other HMRC-approved reliefs to legally reduce their tax bill. Get a free quote in 2 minutes at e-accounts.co.uk — from £29/month.

This calculator is for guidance only and makes standard assumptions based on 2026/27 HMRC rates. It does not constitute financial or tax advice. For a definitive calculation speak to a qualified accountant. eAccounts · Ground Floor, Cardigan House, Castle Court, Swansea.

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