KiQiCulatorsPayslip and salary calculator 2026/27
See what you take home after income tax, National Insurance, student loan and pension. Compare two salaries side by side.
Your pay
Pension
Tax code, Marriage Allowance and more
Your payslip
Compare two salaries side by side
Thinking about a pay rise or a new job? See what you would really take home.
Try other KiQiCulators
Leave my job?
Compare your job with working as a sole trader (with or without CIS) or through your own limited company, and see the day rate you need to earn the same.
Two directors
Two directors in one company, such as a couple: compare small salaries plus dividends with bigger salaries, and see the money left for the family and the total tax paid.
Sole trader or Ltd?
The same work two ways: sole trader against your own Ltd company, with running costs, use of home, CIS, rent and savings, the total tax each way and the point where a company starts to pay.
P60 and tax refund
Put in the figures from your P60 or last payslip and see if HMRC owes you a refund or you still owe tax, with Gift Aid, mileage, uniform and work costs added in.
Self-employed
Your income tax, Class 4 National Insurance and the dates to pay HMRC, with payments on account worked out for you.
CIS
Contractors take 20% (or 30%) off your labour. See your real tax bill and whether HMRC owes you a refund.
Company director
Work out the best mix of salary and dividends for 2026/27, with corporation tax, dividend tax and the dates to pay.
Compare
Put the same money through three ways of working and see which leaves you the most.
How it is worked out
- Your tax-free Personal Allowance is £12,570. It shrinks by £1 for every £2 you earn over £100,000.
- Income tax is 20% up to £50,270, 40% up to £125,140 and 45% above that.
- Employee National Insurance is 8% between £12,570 and £50,270, then 2%.
- Student loans take 9% (6% for a Postgraduate Loan) of pay above your plan's threshold.
Questions people ask
What is the tax code 1257L?
It is the most common tax code. It means you get the standard £12,570 tax-free Personal Allowance.
How much tax do I pay on £40,000?
For 2026/27 in England, about £5,486 income tax and £2,194 National Insurance, leaving roughly £32,320 a year or £2,693 a month (no pension or student loan).
Does salary sacrifice save National Insurance?
Yes. Salary sacrifice lowers your pay before tax and National Insurance, so you save both. Relief at source and net pay pensions save tax only.
Want the real numbers?
These are estimates. Talk to a KiQi accountant about your own situation and the best way to pay yourself.
Estimates only, for UK taxpayers in England, Wales, Scotland and Northern Ireland, using the rates for the tax year you pick at the top. Nothing you type leaves your browser. Not financial advice.