Gross vs Net Income Calculator
Take-home pay from gross salary.
Calculate net income from gross salary and deductions: tax, pension, payroll taxes, student loan. Enter gross annual salary and see the result instantly.
What this tool does
Enter gross salary and deduction percentages. The tool shows net monthly income and total deductions.
Enter Values
People also use
Income
Annual to Monthly Salary Calculator
Convert annual salary to monthly, weekly, and daily equivalents at standard working-day assumptions. Shows monthly and weekly from the values you enter.
Income
Take-Home Pay Estimator
Estimate annual, monthly, and weekly take-home pay from gross salary and effective tax rate. Works in any currency. Instant result with methodology shown.
Income
Dividend vs Salary Tax Split Calculator
Compare the net cash from extracting profit as salary versus as dividends from a small company. Enter gross profit available and see the result instantly.
Formula Used
Spotted something off?
Calculations or display — let us know.
Disclaimer
Results are estimates for educational purposes only. They do not constitute financial advice. Consult a qualified professional before making financial decisions.
60,000 gross with 22% tax, 5% pension, 8% NI, 9% student loan = 44% total deductions = 33,600 net = 2,800/month. Real take-home often surprises new workers. Using custom rates keeps the tool evergreen across jurisdictions.
A worked example
Try the defaults: gross annual salary of 60,000, income tax of 22%, pension of 5%, social security / ni of 8%. The tool returns 2,800.00. You can adjust any input and the result updates as you type — no submit button, no reload. That's the real power here: seeing how sensitive the output is to one or two assumptions.
What moves the number most
The result responds to Gross Annual Salary, Income Tax %, Pension %, national pension system / NI %, and Other Deductions %. Two inputs usually tip the answer one way or the other. Identify which ones matter most by flipping each value past a round threshold and watching whether the winning option changes.
The formula behind this
Sum of deduction percentages applied to gross; remainder divided by 12 for monthly. Everything the calculator does is shown in the formula box below, so you can check the math against your own spreadsheet if you want.
Why small rate shifts add up
A 3% pay rise looks modest. Apply it over a 30-year career with modest promotions and the lifetime difference runs to six figures. This calculator makes that invisible compounding visible in a way spreadsheets usually don't.
What this doesn't capture
Tax bands, pension contributions, student-loan deductions, and benefits-in-kind sit outside this calculation. The figure is the headline; your actual position depends on local tax rules and personal circumstances. Pair with a dedicated take-home calculator for the full picture.
Net income produces a take-home figure based on the inputs provided.
Inputs
This example uses typical values for illustration. Adjust the inputs above to match a specific situation and see how the result changes.
Sources & Methodology
Methodology
Sum of deduction percentages applied to gross; remainder divided by 12 for monthly.
Frequently Asked Questions
Why user inputs instead of brackets?
How do I find my effective rate?
Pension pre- or post-tax?
Why is net less than expected?
Related Calculators
Annual to Monthly Salary Calculator
Convert annual salary to monthly, weekly, and daily equivalents at standard working-day assumptions. Shows monthly and weekly from the values you enter.
Take-Home Pay Estimator
Estimate annual, monthly, and weekly take-home pay from gross salary and effective tax rate. Works in any currency. Instant result with methodology shown.
Dividend vs Salary Tax Split Calculator
Compare the net cash from extracting profit as salary versus as dividends from a small company. Enter gross profit available and see the result instantly.
More Income Calculators
Income
After-Tax Yield Calculator
Convert a pre-tax bond or savings yield into the after-tax yield kept at your marginal income tax rate. Enter pre-tax yield and see the result instantly.
Income
Amazon Flex Pay Calculator
Calculate net Amazon Flex earnings after vehicle costs and self-employment tax reserve. Enter hourly rate to see annual net income and effective hourly rate.
Income
Annual Bonus Compound Calculator
Future value of investing annual bonuses over a career at expected return. Enter bonus after tax and years to see compound fv of investing every bonus.
Income
Annual Gift Tax Allowance Value Calculator
Calculate the cumulative tax saving from using an annual tax-free gift allowance every year for a chosen period. Free and runs in your browser.
Income
Annual Leave Value Calculator
Calculate the monetary value of annual leave days in your salary. Enter working days per year and see the result instantly.
Income
Annual to Hourly Rate Calculator
Convert annual salary to hourly, daily, weekly, and monthly rates. Enter hours per week and weeks per year for an instant result.
Explore Other Financial Tools
Debt
Interest-Only Mortgage Trap Calculator
Compare interest-only vs repayment mortgage total cost. See the trap cost of never paying down principal. Enter loan amount and see the result instantly.
Budget
Seasonal Purchase Audit Calculator
Sum four seasonal spending events into an annual total and monthly equivalent. Enter christmas spending and summer holiday for an instant result.
Mortgage
Loan to Value Calculator
Calculate your loan-to-value (LTV) ratio from mortgage balance and property value. Shows ltv percentage and the equity cushion from the values you enter.