Finance · Popular

Net Salary Calculator

A net salary calculator that estimates your monthly and annual take-home pay after income tax, National Insurance (or equivalent), and pension contributions are deducted from your gross salary.

Annual gross salary

Income tax rate (%)

NI / Social Security (%)

Pension contribution (%)

Monthly take-home

—

Annual take-home

—

Effective tax rate

—

Annual deductions breakdown

Gross Salary—

Income Tax—

NI / Social Security—

Pension—

Net Take-Home—

Method

How this calculator works

Net salary is what remains after income tax, National Insurance (or Social Security equivalent), and pension contributions are deducted from your gross salary.

Net = Gross − Tax − NI − Pension

Tax     = Gross × Tax Rate / 100
NI/SS   = Gross × NI Rate / 100
Pension = Gross × Pension Rate / 100

Enter your annual gross salary.
Enter your income tax rate (use your marginal or effective rate).
Enter your NI/Social Security contribution rate.
Enter your pension contribution percentage.
See monthly and annual take-home pay plus an effective rate summary.

Examples

Worked examples

Real numbers, end-to-end results.

$50,000 gross · 20% tax · 8% NI · 5% pension

Take-home $33,500/yr · $2,792/mo

Typical UK mid-level salary scenario.

$100,000 gross · 30% tax · 7.65% SS · 6% pension

Take-home $56,350/yr · $4,696/mo

US professional with 401k contribution.

$30,000 gross · 10% tax · 8% NI · 3% pension

Take-home $23,700/yr · $1,975/mo

Junior employee, lower deductions.

Use cases

When to use it

Understand how much you actually take home from a job offer.
Plan monthly budgets based on real disposable income.
Compare two salary offers after deductions.
Estimate impact of increasing pension contributions on take-home pay.

Disclaimer: This calculator provides estimates for informational and educational purposes only. It is not a substitute for professional financial advice, tax planning, or investment guidance. Always consult a qualified financial advisor for decisions affecting your finances. Results depend on the accuracy of inputs provided.

FAQ

Frequently asked questions

What is take-home pay?

Take-home pay (net salary) is your gross salary minus all mandatory and voluntary deductions: income tax, National Insurance or Social Security, pension contributions, and any other statutory deductions. It is the amount that actually reaches your bank account.

What is the effective tax rate?

The effective tax rate is the total percentage of your gross salary that goes to all deductions combined (tax + NI/SS + pension). It differs from the marginal tax rate, which is the rate on your next dollar of income.

How is income tax calculated on salary?

Income tax is typically calculated on taxable income (gross minus personal allowances and reliefs) using tax brackets. This calculator uses a simplified flat rate for quick estimation. For precise calculations, use your country's official tax calculator.

Does pension reduce my taxable income?

In most countries, pension contributions to a qualifying pension scheme reduce your taxable income. This calculator shows pension as a deduction from gross but does not apply the secondary tax saving. Your actual take-home may be slightly higher.

What is National Insurance / Social Security?

NI (UK) or Social Security (US) is a mandatory contribution that funds state benefits like pensions, unemployment insurance, and healthcare. The rate varies by country and income level.