Take-home pay
What actually lands in your account after tax, National Insurance, student loan and pension — with your last six tax years compared.
Your details
Where each £1 goes
Itemised
Same salary · last six tax years
2026/27 rates used
Personal allowance £12,570 (tapered above £100,000). England, Wales & NI bands: 20% to £50,270, 40% to £125,140, 45% above. Scottish bands applied separately. Employee NI: 8% between £12,570–£50,270, 2% above. Student loans: 9% above your plan threshold (6% postgraduate) — Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000, Postgraduate £21,000.
Statutory redundancy pay
Your legal minimum under the Employment Rights Act, using the £751 weekly cap in force from 6 April 2026 — with the last six years' caps compared.
Your details
How it's built
Same redundancy · last six tax years
How the formula works
Working backwards from your redundancy date, each complete year of service earns: 1.5 weeks' pay for years aged 41+, 1 week for years aged 22–40, half a week under 22. Weekly pay is capped at £751 (from 6 April 2026), and only 20 years count — so the statutory maximum is £22,530. Statutory redundancy is always tax-free; notice pay and holiday pay are always taxable.
Maternity & paternity pay
Your statutory pay week by week — 39 weeks of SMP or 2 weeks of SPP at the 2026/27 rate of £194.32.
Your details
Your weekly pay across the year
Itemised
How statutory parental pay works
SMP runs for 39 weeks: 6 weeks at 90% of your average weekly earnings (no cap), then 33 weeks at the lower of 90% or £194.32. Leave can last 52 weeks — the last 13 are unpaid. SPP is up to 2 weeks at the same capped rate. Both are taxable through payroll. If you don't qualify for SMP, Maternity Allowance may pay up to the same rate for 39 weeks. Shared Parental Leave lets eligible parents split up to 50 weeks of leave and 37 of pay.
Childcare support
Check your eligibility for Tax-Free Childcare and 30 funded hours — and if you're over the £100,000 cliff edge, see exactly what getting back under it is worth.
Your details
The comparison
The numbers
The £100,000 cliff edge
Tax-Free Childcare and funded hours cut off entirely if either parent's adjusted net income exceeds £100,000 — no taper. Because adjusted net income is measured after pension contributions, parents just over the line can usually restore eligibility by paying the excess into their pension — often ending up better off in cash while keeping the pension money too. Between £100,000 and £125,140 you only keep about 38p of each extra £1 anyway, because the personal allowance tapers away on top of 40% tax and 2% NI.
- What is Tax-Free Childcare worth?
- For every £8 you pay in, the government adds £2 — up to £2,000 per child per year (£4,000 for a disabled child), on registered childcare.
- What are the funded hours?
- In England, eligible working parents get 30 funded hours a week (38 weeks/year) from 9 months to school age — typically worth £7,500+ a year per child, though many settings charge for meals and consumables.
Retirement planner
Project your pension pot year by year and the income it could provide alongside the full new State Pension of £12,548.
Your details
Your pot, year by year
Retirement income
Benchmarks for 2026/27
The full new State Pension is £241.30/week (£12,547.60/year) with 35 qualifying NI years. PLSA living standards for a single person: minimum ~£14,400/year, moderate ~£31,300, comfortable ~£43,100. The 4% rule: each £100,000 saved supports roughly £4,000 of sustainable annual income. Check your State Pension forecast free at gov.uk/check-state-pension.