Take-home pay · 2026/27
£47,000 after tax
£3,113a month take-home on £47,000 a year, with no student loan or pension. That’s £718 a week, or £37,360 a year.
| £47,000 a year | No student loan | Plan 2 | Plan 5 |
|---|---|---|---|
| Gross pay | £47,000 £3,917/mo | £47,000 £3,917/mo | £47,000 £3,917/mo |
| Income tax | £6,886 £574/mo | £6,886 £574/mo | £6,886 £574/mo |
| National Insurance | £2,754 £230/mo | £2,754 £230/mo | £2,754 £230/mo |
| Student loan | £0 £0/mo | £1,585 £132/mo | £1,980 £165/mo |
| Take-home | £37,360 £3,113/mo | £35,774 £2,981/mo | £35,380 £2,948/mo |
TL;DROut of every £100 you earn, about £79 reaches your account — or £75 with a Plan 5 student loan.
79%of your gross pay you keep, with no student loan or pension.
£24.10an hour before tax, if you work 37.5 hours a week all year.
£720of the next £1,000 you earn would reach your account.
TL;DRA £1,000 pay rise would add about £60 a month to your take-home.
This is above the UK median full-time salary of about £42,182 a year (ONS, April 2026).
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Small print
2026/27 income tax and National Insurance for England, Wales and Northern Ireland (Scotland’s income tax bands differ), standard 1257L tax code, employee Class 1 NI. Plan 2 repayments are 9% above £29,385 and Plan 5 9% above £25,000. Pension contributions, salary sacrifice, benefits in kind and other deductions are not included. General information, not financial advice.
Receipts · checked 9 November 2026