£20,000 Salary Calculator

Calculate your take-home pay after tax and National Insurance for 2025/26

£20,000 Annual Salary Breakdown

Monthly Take-Home Pay
£1,493
per month after tax
Gross Salary: £20,000
Income Tax: -£1,486
National Insurance: -£594
Annual Net Pay: £17,920
Monthly: £1,493
Weekly: £345

Understanding Your £20,000 Salary

With a gross salary of £20,000, you'll take home £1,493 per month (£17,920 annually) after income tax (£1,486) and National Insurance (£594) deductions.

Key Points:

  • Tax Year: 2025/26 (England)
  • Personal Allowance: £12,570
  • Basic Rate Tax: 20% on £12,571-£50,270
  • Higher Rate Tax: 40% on £50,271-£125,140
  • NI Rate: 8% (£12,571-£50,270), 2% above

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