UK take-home pay · 2026/27 tax year
£29,000 after tax in 2026/27
After Income Tax and National Insurance, £29,000 a year becomes £24,400 of take-home pay: £2,033 a month and £469 a week. You pay £3,286 in Income Tax and £1,314 in National Insurance, so you keep 84.1% of what you earn. This uses the 2026/27 rates that apply outside Scotland, with a Scottish comparison further down.
Figures checked against GOV.UK on .
Take-home pay
£24,400
per year
Per month
£2,033
after tax and NI
Income Tax
£3,286
per year
National Insurance
£1,314
per year
£29k take-home pay by year, month, pay period and hour
| Period | Gross pay | Income Tax | National Insurance | Take-home |
|---|---|---|---|---|
| Year | £29,000 | £3,286 | £1,314.40 | £24,399.60 |
| Month | £2,416.67 | £273.83 | £109.53 | £2,033.30 |
| 4 weeks | £2,230.77 | £252.77 | £101.11 | £1,876.89 |
| 2 weeks | £1,115.38 | £126.38 | £50.55 | £938.45 |
| Week | £557.69 | £63.19 | £25.28 | £469.22 |
| Day | £111.54 | £12.64 | £5.06 | £93.84 |
| Hour | £14.87 | £1.69 | £0.67 | £12.51 |
How tax and National Insurance are worked out on £29,000
- The first £12,570 is your Personal Allowance, so it is tax-free.
- £16,430 is taxed at 20% (basic rate), which is £3,286.
- National Insurance is 8% of the £16,430 you earn between £12,570 and £50,270: £1,314.40.
- £29,000 minus £3,286 tax and £1,314.40 NI leaves £24,399.60 a year.
Which tax band you are in
All of your taxable pay falls in the 20% basic-rate band. Higher-rate tax only starts at £50,270, so a pay rise of up to £21,270 is still taxed at 20%.
What a pay rise is worth
Out of the next £1,000 you earn, you would keep £720 after tax and National Insurance.
What you cost your employer
On top of your salary, your employer pays 15% National Insurance on earnings above £5,000 a year, which is £3,600 at £29,000. So employing you costs at least £32,600 a year before any workplace pension contribution. Small employers may be able to offset some of this with the Employment Allowance.
£29,000 after tax in Scotland
Scottish taxpayers on £29,000 take home £39.67 more a year, because the first £3,967 of taxable pay is charged at the 19% starter rate. Your National Insurance of £1,314.40 is the same wherever you live in the UK.
| England, Wales and NI | Scotland | |
|---|---|---|
| Income Tax | £3,286 | £3,246 |
| National Insurance | £1,314 | £1,314 |
| Take-home per year | £24,400 | £24,439 |
| Take-home per month | £2,033 | £2,037 |
Student loan repayments on £29,000
| Plan | Threshold | Per year | Per month | Take-home after repayment |
|---|---|---|---|---|
| Plan 1 (England or Wales before September 2012, or Northern Ireland) | £26,900 at 9% | £189 | £15.75 | £24,211 |
| Plan 2 (England or Wales between September 2012 and July 2023) | £29,385 at 9% | £0 | £0 | £24,400 |
| Plan 4 (Scotland) | £33,795 at 9% | £0 | £0 | £24,400 |
| Plan 5 (England from August 2023) | £25,000 at 9% | £360 | £30 | £24,040 |
| Postgraduate Loan (Master's or Doctoral loan) | £21,000 at 6% | £480 | £40 | £23,920 |
Pension contributions on £29,000
| You pay in | Into pension per year | Take-home per year | Per month | Cost to take-home |
|---|---|---|---|---|
| 3% | £870 | £23,773 | £1,981 | £626 |
| 5% | £1,450 | £23,356 | £1,946 | £1,044 |
| 8% | £2,320 | £22,729 | £1,894 | £1,670 |
| 10% | £2,900 | £22,312 | £1,859 | £2,088 |
What a pay rise on £29k is worth
| Rise | New salary | New take-home | Extra per year | Extra per month |
|---|---|---|---|---|
| 3% | £29,870 | £25,026 | £626 | £52.20 |
| 5% | £30,450 | £25,444 | £1,044 | £87 |
| 10% | £31,900 | £26,488 | £2,088 | £174 |
How £29,000 compares with the UK average
A £29,000 salary is £10,900 less than the typical full-time wage in the UK. The Office for National Statistics measured median full-time pay at £766.60 a week in April 2025, which is roughly £39,900 over a year.
Nearby salaries after tax
- £24,000 after tax £20,800 a year
- £27,000 after tax £22,960 a year
- £28,000 after tax £23,680 a year
- £30,000 after tax £25,120 a year
- £31,000 after tax £25,840 a year
- £34,000 after tax £28,000 a year
- £39,000 after tax £31,600 a year
Full salary after tax table · Calculate with your own pension and tax code
Guides and definitions
- High Income Child Benefit Charge: how it is worked out and cut
- How to read your payslip: every line explained, with an example
- National Insurance rates 2026/27: what you pay and how it works
- Emergency tax code: An emergency tax code, marked W1, M1 or X, taxes each payday on its own, as if you were paid that amount every period of the year.
- Marginal tax rate: Your marginal tax rate is the share of your next pound or dollar of income that goes in tax and deductions.
- P60: A P60 is the yearly summary of your pay and tax from one employer, due by 31 May if you work there on 5 April.
- Personal Allowance: The Personal Allowance is the income you can earn each UK tax year before Income Tax starts: £12,570 for 2026/27.
- Tax code: A UK tax code tells your employer or pension provider how much tax-free pay to give you; 1257L, meaning £12,570, is the most common.
Questions about £29k after tax
How much is £29k a month after tax?
A £29,000 salary gives you £2,033.30 a month after Income Tax and National Insurance in 2026/27, before any pension or student loan deductions. Before tax, that is £2,416.67 a month.
How much tax do I pay on £29,000?
You pay £3,286 in Income Tax and £1,314.40 in National Insurance a year, £4,600.40 in total. That is an effective rate of 15.9% of your salary.
£29k a year is how much an hour?
£14.87 an hour before tax if you work 37.5 hours a week for 52 weeks, or £13.94 on a 40-hour week. After tax and National Insurance it is £12.51 an hour, which is £469.22 a week.
How much is £29,000 after tax in Scotland?
In Scotland you would take home £24,439 a year, or £2,036.61 a month. Scottish Income Tax on £29,000 is £3,246.33, compared with £3,286 in the rest of the UK.
How much student loan do I repay on £29,000?
Nothing on Plan 2, because £29,000 is below its £29,385 threshold. You would repay £189 a year on Plan 1 and £360 on Plan 5, which start at £26,900 and £25,000.
How much more would I take home on £30,000?
On £30,000 you would take home £25,120 a year, £720 more than on £29,000. That is £60 extra a month.
Sources and assumptions
- Employee in England, Wales or Northern Ireland on the standard 1257L tax code, unless the Scotland section says otherwise.
- No student loan, pension contribution, benefits in kind or other deductions in the headline figures.
- Hourly figures assume 37.5 hours a week for 52 weeks; daily figures assume 260 working days a year.
- Pension examples assume salary sacrifice, so contributions come off before tax and National Insurance.
- Income Tax rates and Personal Allowances
- Scottish Income Tax
- National Insurance: how much you pay
- Repaying your student loan: what you pay
- ONS: Employee earnings in the UK 2025
These are estimates. Your payslip can differ if your tax code, pension scheme or benefits are different.