Salary Calculator Guide
What is the Salary Calculator?
The Salary Calculator helps you understand your true compensation by breaking down your gross salary into different pay periods. It also estimates your take-home pay after income tax, so you can see clearly how much of your earnings you actually keep.
How to calculate it manually
Monthly = Annual ÷ 12. Weekly = Annual ÷ 52. Hourly = Annual ÷ (52 × weekly hours). Tax deduction = Annual × tax rate. Net pay = Gross − Tax.
Frequently Asked Questions
Multiply your hourly rate by hours per week, then by 52 weeks. For example, £15/hr × 40 hrs × 52 = £31,200 per year.
Use your estimated marginal rate. In the UK, the basic rate is 20% and the higher rate is 40%. For a personalised figure, refer to HMRC guidance.
No. This is a simplified estimate covering income tax only. NI contributions, pension deductions and student loan repayments are not included.
Gross salary is your total earnings before any deductions. Net (take-home) pay is what remains after income tax and other deductions.