Salary Calculator

Calculate take-home pay after tax for 12 countries.

Hourly ↔ annual salaryPay frequency breakdownSimplified estimate

Enter your pay

Pick a pay frequency, then enter your gross amount.

Simplified estimate. Verify current official rates before making financial or tax decisions.

Gross salary is before tax and deductions.

The period the amount above refers to.

Use 40 hours per week for a typical full-time schedule.

Use 52 unless unpaid time off should be excluded.

Quick presets

Results

Your salary, every which way

Annual salary

£50,000.00

Monthly salary

£4,166.67

Hourly rate

£24.04

Based on 40h/week × 52w/year

Weekly pay

£961.54

Annual ÷ 52

Biweekly pay

£1,923.08

Annual ÷ 26

Semi-monthly

£2,083.33

Annual ÷ 24

Daily pay

£192.31

52w × 5 days

Estimated take-home pay

United Kingdom income tax and social contributions, estimated.

Effective deduction 21.0%

Annual take-home

£39,519.60

Monthly take-home

£3,293.30
Take-home 79.0%Income tax 15.0%Social 6.0%
ItemAnnualMonthly
Gross salary£50,000.00£4,166.67
Income tax−£7,486.00−£623.83
National Insurance (8%)−£2,994.40−£249.53
Take-home pay£39,519.60£3,293.30

Income tax breakdown

  1. 0Allowance / deduction: £12,570.00 tax-free
  2. 1Basic rate (20%): £37,430.00 × 20% = £7,486.00
  3. =Total income tax: £7,486.00
Take-home pay depends on location, deductions, benefits, and filing assumptions.
Updated May 2026Formula verifiedReviewed for accuracy

Insights

What your numbers mean

Plain-language interpretation of your salary, updated as you change the inputs.

This equals about £4,166.67 per month before tax.

At 40 hours per week, your hourly equivalent is about £24.04.

Biweekly pay would be approximately £1,923.08 before deductions.

Gross pay is not the same as take-home pay. Taxes and social contributions reduce what reaches your account.

Conversion

How salary conversion works

Five quick conversions that turn any pay rate into any other, plus why hours and weeks matter.

Hourly → annual

Multiply the hourly rate by hours per week and by weeks worked per year.

Annual → monthly

Divide the annual figure by 12. There are always 12 months in a year.

Weekly → annual

Multiply weekly pay by 52, the number of weeks in a calendar year.

Daily → annual

Multiply daily pay by the number of working days, typically 5 × weeks worked.

Hours & weeks

The hourly figure depends entirely on how many hours you work each week and how many of those weeks count toward the year.

Cross-check

The same annual salary should round-trip across every period, useful for sanity- checking a job offer.

Gross vs net

Gross pay vs net pay

Two numbers that often get mixed up. Knowing the difference matters for budgeting, taxes and benefits.

Gross pay

Your total earnings before any deductions. This is the figure on a job offer, payslip top line, or salary band.

Net pay (take-home)

What lands in your bank account after income tax, social contributions, retirement contributions, insurance and other benefits are removed.

Common deductions include income tax, social insurance (e.g. National Insurance, Social Security, CPP), pension or retirement contributions, health insurance, and other benefits selected through payroll.

Compare

Hourly pay vs annual salary

Two ways of being paid, each with different trade-offs for income, time, and benefits.

Hourly

Pay scales with hours

  • Earnings depend directly on hours worked.
  • Overtime can boost the hourly rate (usually 1.5× or 2×).
  • Unpaid time off reduces total annual income.
  • Benefits may be more limited than salaried roles.

Salary

Pay is fixed annually

  • Annual amount split evenly across paychecks.
  • Usually includes paid time off and benefits.
  • Hours can fluctuate without changing the headline number.
  • Compare total compensation: base + benefits + bonus.

Pay frequency

Pay frequency comparison

Different employers pay on different schedules. Each frequency divides the same annual salary differently.

FrequencyPaychecks per yearPer paycheck (annual ÷ count)
Weekly52Annual ÷ 52
Biweekly26Annual ÷ 26
Semi-monthly24Annual ÷ 24
Monthly12Annual ÷ 12
Annual1Whole salary

Biweekly and semi-monthly are commonly confused. Biweekly pays every two weeks (26 paychecks/year). Semi-monthly pays twice a month, on fixed dates, for 24 paychecks/year.

Tax & deductions

Taxes, deductions, and take-home pay

Salary calculators show gross pay; your actual take-home depends on where you live, how you file, and what you choose to deduct.

Income tax

National and (in some places) state, provincial or local income tax, usually calculated in brackets so each slice of income is taxed at a different rate.

Social contributions

National Insurance, Social Security, CPP, CPF and similar programmes that fund pensions, healthcare and unemployment insurance.

Retirement

Workplace pensions, 401(k), RRSP, KiwiSaver and similar. Contributions are usually pre-tax and reduce net pay today in exchange for retirement savings.

Benefits & insurance

Health, dental, vision, life or disability insurance premiums and other elected benefits that come out of gross pay.

Other deductions

Student-loan repayments, union dues, garnishments and any post-tax adjustments your payroll system applies.

Approximation

This calculator provides simplified estimates and should not be used as tax, legal, or financial advice. Final figures depend on tax code, filing status, region and personal circumstances.

Formula

The salary conversion formulas

The five conversions behind every result on this page.

Hourly → annual

Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year

Annual → monthly

Monthly Salary = Annual Salary ÷ 12

Annual → weekly

Weekly Salary = Annual Salary ÷ 52

Annual → biweekly

Biweekly Salary = Annual Salary ÷ 26

Annual → hourly

Hourly Rate = Annual Salary ÷ (Hours Per Week × Weeks Per Year)

Plan further with our compound interest calculator or estimate borrowing costs with the loan calculator.

FAQ

Frequently asked questions

The most common salary questions, answered in plain English.