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2025/26 Tax Year

£24,000 Salary - UK Take Home Pay

If you earn £24,000 per year in the UK, you will take home £20,800 after tax and National Insurance. That's £1,733.30 per month.

Gross Salary
£24,000
per year
Take Home
£20,800
per year
Monthly Net
£1,733.30
per month
Effective Tax
13.3%
tax rate

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Your Income

Enter your salary details for 2025/26

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Salary sacrifice reduces taxable income

Take Home Pay

£20,799.60/year

86.7% of gross income

  • Gross Income£24,000.00
  • Taxable Income£11,430.00
  • Income Tax-£2,286.00
  • National Insurance-£914.40
  • Total Deductions-£3,200.40

13.3%

Effective Rate

20%

Marginal Rate

£24,000 Salary Insights

Compare your salary and understand your tax breakdown

£24,000 vs UK Wages

Below UK median

-31%

vs UK Median

£11,000

Below Median

Where Your £24,000 Goes

Annual breakdown of your salary

Take Home86.7%
Income Tax9.5%
National Insurance3.8%

Tax Benefits on £24,000 from Pension

See how pension contributions reduce your tax bill

Increase your pension contribution to see potential tax savings. Pension contributions reduce your taxable income.

£24,000 Salary Breakdown

DescriptionYearlyMonthly
Gross Salary£24,000.00£2,000.00
Personal Allowance£12,570.00£1,047.50
Taxable Income£11,430.00£952.50
Income Tax-£2,286.00-£190.50
National Insurance-£914.40-£76.20
Total Deductions-£3,200.40-£266.70
Take Home Pay£20,799.60£1,733.30

How is £24,000 Taxed?

On a £24,000 salary, here's how your income is distributed across tax bands:

Personal Allowance
Tax-free income
£12,570
0%
Basic Rate
Taxed at basic rate
£11,430
20%

Understanding Your £24,000 Salary

A £24,000 salary in the UK for the 2025/26 tax year will result in a take-home pay of £20,799.60 per year, or £1,733.30 per month. This calculation includes Income Tax and National Insurance deductions.

Your effective tax rate is 13.3%, meaning for every £1 you earn, you keep approximately £87 pence. Your marginal tax rate (the rate on your next £1 earned) is 20%. Learn more about UK tax bands.

This calculation assumes you have a standard Personal Allowance of £12,570, no student loan repayments, and no pension contributions. You can adjust these factors using the calculator above to see how they affect your take-home pay.

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