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Earning and take-home pay

Take-home pay, tax codes and salary sacrifice, explained.

  • EarnWhat does my tax code mean?How to read the numbers and letters in your tax code, what each one means, and what to do if it looks wrong.8 min read
  • EarnHow National Insurance worksThe employee and self-employed rates, what it actually pays for, and the qualifying years you need for the state pension, in plain English.8 min read
  • EarnHow is my bonus taxed?Why a bonus often looks over-taxed in the month it lands, what it really costs at your marginal rate, and how PAYE evens it out across the year.6 min read
  • EarnHow take-home pay worksHow tax, National Insurance, pension and student loan come off your gross salary to leave what lands in your account.9 min read
  • EarnSalary sacrifice explainedHow giving up gross pay for a pension contribution saves tax and National Insurance, and the trade-offs to weigh.8 min read
  • EarnBudgeting basicsHow to build a budget from your take-home pay, what 50/30/20 means, and what to do with the money left over.7 min read

Earn

Take-home paySalary sacrificeBudget

Buy a home

Mortgage affordabilityMortgage repaymentsLoan to value (LTV)Stamp dutyMortgage overpayment

Get out of debt

Debt payoffCredit card repaymentLoan repayments

Build wealth

SavingsSavings goalCompound interestInflationPensionFIRENet worthRental yield

Business & tax

VATCorporation taxDividend taxCapital gains tax
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Free UK money calculators. Get the number, no faff. Every figure is an estimate to help you plan, not financial advice, and should be confirmed with HMRC, your lender or a qualified adviser before you commit.

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