Take-home with holiday pay and pension
% of £69,530 total employment cost a year| Item | Year | Month | Per working day | % of cost |
|---|---|---|---|---|
| Take-home excluding holiday pay | £39,333 | £3,277.78 | £156.08 | 56.6% |
| Holiday pay after tax (£6,462 gross, paid leave within salary) | £4,747 | £395.59 | £18.84 | 6.8% |
| Take-home including holiday pay | £44,081 | £3,673.38 | £174.92 | 63.4% |
| Your pension contribution (salary sacrifice) | £2,202 | £183.46 | £8.74 | 3.2% |
| Employer pension contribution | £1,321 | £110.07 | £5.24 | 1.9% |
| Total value: take-home + holiday pay + pension | £47,603 | £3,966.91 | £188.90 | 68.5% |
| Tax, social security and employer costs | £21,927 | £1,827.23 | £87.01 | 31.5% |
Pension counts your own and the employer's contributions, which belong to you but are not paid out until retirement.
Allowances, expenses and tax regimes
Monthly payroll
Salary reconciliation
Every pound of the rate, in the order payroll takes it, until nothing is left.
| Item | Goes to | Amount | Balance left |
|---|---|---|---|
| Daily employment cost | £275.91 | £275.91 | |
| Employer costs | |||
| Employer NI (15% above £5,000) | HMRC | −£31.43 | £244.48 |
| Apprenticeship Levy (0.5%) | HMRC | −£1.15 | £243.33 |
| Employer pension contribution | your pension | −£5.24 | £238.09 |
| Total employer costs | −£37.82 | £238.09 | |
| Your deductions from gross pay | |||
| Pension by salary sacrifice | your pension | −£8.74 | £229.35 |
| Income tax | HMRC | −£41.87 | £187.48 |
| Employee NI (8% / 2%) | HMRC | −£12.57 | £174.91 |
| Total employee deductions | −£63.18 | £174.91 | |
| Paid to you | |||
| Take-home pay | your bank | −£174.91 | £0.00 |
| Balance remaining | £0.00 | ✓ Fully reconciled | |
Where the rate goes
Share of £69,530 total employment costPayslip breakdown
Week = year ÷ 52 · working day = year ÷ 252
| Item | Year | Month | Week | Day |
|---|---|---|---|---|
| Employer costs (on top of salary) | ||||
| Employer NI (15% above £5,000) | £7,920 | £659.98 | £152.30 | £31.43 |
| Apprenticeship Levy (0.5%) | £289 | £24.08 | £5.56 | £1.15 |
| Employer pension contribution | £1,321 | £110.07 | £25.40 | £5.24 |
| Total employer costs | £9,530 | £794.14 | £183.26 | £37.82 |
| Gross pay (incl. holiday pay) | £60,000 | £5,000.00 | £1,153.85 | £238.10 |
| Of which paid holiday (28 days incl. bank holidays) | £6,462 | £538.46 | £124.26 | £25.64 |
| Employee deductions | ||||
| Pension by salary sacrifice | -£2,202 | -£183.46 | -£42.34 | -£8.74 |
| Income tax | -£10,551 | -£879.28 | -£202.91 | -£41.87 |
| Employee NI (8% / 2%) | -£3,167 | -£263.88 | -£60.90 | -£12.57 |
| Total employee deductions | -£15,919 | -£1,326.62 | -£306.14 | -£63.17 |
| Take-home pay | £44,081 | £3,673.38 | £847.70 | £174.92 |
| Total going into your pension | £3,522 | £293.53 | £67.74 | £13.98 |
| Total employment cost to employer | £69,530 | £5,794.14 | £1,337.11 | £275.91 |
Sample payslip
Enter the company name and employee name to create the payslip.
Pay date 30 October 2026
Payments
| Basic salary | £5,000.00 |
| Total gross pay | £5,000.00 |
Deductions
| Pension by salary sacrifice | £183.46 |
| Income tax | £879.28 |
| Employee NI (8% / 2%) | £263.88 |
| Total deductions | £1,326.62 |
Employer costs
| Employer NI (15% above £5,000) | £659.98 |
| Apprenticeship Levy (0.5%) | £24.08 |
| Employer pension contribution | £110.07 |
| Total employer costs | £794.14 |
Information
| Tax code | 1257L |
| NI category | A |
| Household | single, no children |
| Holiday entitlement | 28 days (5.6 weeks) |
| Total into pension this period | £293.53 |
Holiday pay
Statutory holiday pay
12.07% of hours worked for 46.4 working weeks. Included in your gross pay.
£6,462 a year · £24.85 per billed dayRolled up into every payslip
Allowed for irregular-hours and part-year workers for leave years from April 2024. Holiday pay must appear as a separate line on each payslip.
28 days off pays £6,462 grossEffect on take-home
Holiday pay is taxed the same as basic pay. Accrual or roll-up changes the timing of cash, not the annual total.
Ways to raise take-home
Compliant options onlyMarginal take-home
Of each extra £100 of salary, this is what reaches you after all deductions at your current level.
£58.00 keptKeep income in the basic-rate band
Sacrificing £7,529 brings adjusted net income to the £50,270 higher-rate threshold. Each £1 sacrificed costs you about 58p (40% tax and 2% NI saved).
£7,529 into pension for £4,367 less take-homePension efficiency
Raising your contribution by 1 percentage point.
£440 into pension costs £255 take-home (58p per £1)IR35 route comparison
Same rate, days and costsOutside IR35 is only available when the client's Status Determination Statement (or your own assessment for small clients) says the role is outside. An umbrella always runs PAYE, so its result is the same whatever the IR35 status.
Pension method comparison
Same contribution percentages| Method | Take-home | Into pension | Higher-rate relief to reclaim | Total value |
|---|---|---|---|---|
| Salary sacrifice Best Current | £44,081 | £3,522 | – | £47,603 |
| Net pay arrangement | £44,037 | £3,522 | – | £47,559 |
| Relief at source | £43,596 | £3,522 | £440 | £47,559 |
Country comparison
Same salary, converted at approximate FX · local default pensions · default region per country · UK as umbrella| Country | Gross salary | Take-home / month | Take-home / month (€) | Kept |
|---|---|---|---|---|
| Bulgaria | €68,966 | €4,910 | €4,910 | 79.9% |
| Switzerland · Zurich | CHF 64,138 | CHF 4,300 | €4,624 | 72.1% |
| Malta | €68,966 | €4,284 | €4,284 | 71.4% |
| Cyprus | €68,966 | €4,249 | €4,249 | 64.3% |
| United Kingdom · England | £60,000 | £3,673 | €4,222 | 63.4% |
| Denmark · Average municipality | DKK 514,483 | DKK 27,712 | €3,715 | 63.2% |
| Ireland | €68,966 | €4,083 | €4,083 | 62.9% |
| Luxembourg | €68,966 | €3,989 | €3,989 | 61.1% |
| Finland · Average municipality | €68,966 | €4,150 | €4,150 | 60.2% |
| Lithuania | €68,966 | €3,476 | €3,476 | 59.4% |
| Netherlands | €68,966 | €4,027 | €4,027 | 58.9% |
| Hungary | HUF 26,896,552 | HUF 1,490,517 | €3,822 | 58.8% |
| Estonia | €68,966 | €4,475 | €4,475 | 58.2% |
| Romania | RON 350,345 | RON 17,079 | €3,362 | 57.2% |
| Czechia | CZK 1,682,759 | CZK 105,499 | €4,324 | 56.2% |
| Latvia | €68,966 | €3,972 | €3,972 | 55.9% |
| Croatia · Zagreb | €68,966 | €3,678 | €3,678 | 54.9% |
| Sweden · Average municipality | SEK 755,172 | SEK 45,233 | €4,131 | 54.7% |
| Spain · Madrid | €68,966 | €3,963 | €3,963 | 53.6% |
| Greece | €68,966 | €3,595 | €3,595 | 51.4% |
| Austria | €68,966 | €3,798 | €3,798 | 51.0% |
| Slovakia | €68,966 | €3,910 | €3,910 | 49.9% |
| Germany · North Rhine-Westphalia | €68,966 | €3,511 | €3,511 | 49.8% |
| Slovenia | €68,966 | €3,303 | €3,303 | 49.1% |
| Poland | PLN 293,103 | PLN 14,541 | €3,421 | 49.0% |
| Portugal · Mainland | €68,966 | €3,482 | €3,482 | 49.0% |
| Belgium · Average municipality | €68,966 | €3,396 | €3,396 | 46.5% |
| France · Mainland France | €68,966 | €3,803 | €3,803 | 45.6% |
| Italy · Average region | €68,966 | €3,488 | €3,488 | 44.3% |
Country notes and rates used
Income tax 2026/27: personal allowance £12,570, tapered by £1 for every £2 of adjusted net income above £100,000. England, Wales and NI: 20% to £50,270, 40% to £125,140, 45% above. Scotland: 19/20/21/42/45/48% (higher rate from £43,663). Wales uses the same rates as England (Welsh rates held at 10p per band), and Northern Ireland uses UK rates.
National Insurance: employee 8% from £12,570 to £50,270 and 2% above; employer 15% above £5,000. Employment Allowance is not available to umbrella companies or single-director companies.
Umbrella method: assignment income less the admin charge is the employment cost pot. Employer NI, Apprenticeship Levy and employer pension come out of the pot, and the remainder is gross pay including 12.07% holiday pay. Since 2016 travel and subsistence for umbrella workers under supervision, direction or control are not tax-free.
IR35: medium and large clients issue a Status Determination Statement. Inside IR35 via your own company, the fee-payer deducts employer NI, levy, tax and NI from a deemed payment. Outside IR35: corporation tax 19% to £50,000 rising to 25% at £250,000; dividend allowance £500; dividend rates 10.75% / 35.75% / 39.35% from April 2026.
Student loans 2026/27: Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000 at 9%; postgraduate £21,000 at 6%.
Salary sacrifice: NI relief is fully available in 2026/27. The Budget 2025 cap limiting NI-free salary sacrifice to £2,000 a year takes effect from April 2029.
Household (single, no children): The UK taxes individuals, so marital status and children do not change PAYE. Household rules use 2026 figures where published; children are assumed to be under 18 and living with you, and dependent parents to live in your household.
Allowances and regimes: limits are 2026 where confirmed; items marked "check" in their conditions should be confirmed before use. Tax-free allowances must be paid within each legal limit and condition, usually on top of agreed pay rather than by converting salary (Germany and Austria in particular). Expat regimes need an approved application.
UK figures use HMRC 2026/27 rates and thresholds (tax code 1257L, category A NI, cumulative annual basis). Swiss figures use 2026 AHV/ALV/BVG rates and ESTV 2026 tax burden for each cantonal capital. EU figures model each country's main income tax, employee and employer social contributions for a single resident with no dependants, using 2025–26 parameters; regional and municipal rates, household circumstances (marital status, children, dependent parents), tax-free allowances and special regimes are modelled from 2026 rules where published, with some simplification. Use the results for quoting and illustration, and confirm with in-country payroll before contracting.
Gross salary versus net take-home pay
Gross salary is pay before employee deductions. Net or take-home pay is the amount left after the modeled deductions and eligible additions. The employer's total employment cost is different again, because it may include employer social contributions and pension costs on top of gross salary.
Use the salary calculator
- Choose the country and any relevant region.
- Select permanent employee mode and enter the gross salary per month or year.
- Set pension contributions and any supported household circumstances.
- Read the net-pay result together with the deduction breakdown and model notes.
Country-specific thresholds and simplified annualization can make an estimate differ from an actual monthly payslip. Tax codes, bonuses, other income, benefits and year-to-date payroll records may change the final result.
Find your country’s payroll calculator
Start with the jurisdiction where your payroll is processed. Regional taxes, social contributions and pension settings can change the result.
- United Kingdom payroll calculatorGBP · contractor and employee estimates
- Austria payroll calculatorEUR · contractor and employee estimates
- Belgium payroll calculatorEUR · contractor and employee estimates
- Bulgaria payroll calculatorEUR · contractor and employee estimates
- Croatia payroll calculatorEUR · contractor and employee estimates
- Cyprus payroll calculatorEUR · contractor and employee estimates
- Czechia payroll calculatorCZK · contractor and employee estimates
- Denmark payroll calculatorDKK · contractor and employee estimates
- Estonia payroll calculatorEUR · contractor and employee estimates
- Finland payroll calculatorEUR · contractor and employee estimates
- France payroll calculatorEUR · contractor and employee estimates
- Germany payroll calculatorEUR · contractor and employee estimates
- Greece payroll calculatorEUR · contractor and employee estimates
- Hungary payroll calculatorHUF · contractor and employee estimates
- Ireland payroll calculatorEUR · contractor and employee estimates
- Italy payroll calculatorEUR · contractor and employee estimates
- Latvia payroll calculatorEUR · contractor and employee estimates
- Lithuania payroll calculatorEUR · contractor and employee estimates
- Luxembourg payroll calculatorEUR · contractor and employee estimates
- Malta payroll calculatorEUR · contractor and employee estimates
- Netherlands payroll calculatorEUR · contractor and employee estimates
- Poland payroll calculatorPLN · contractor and employee estimates
- Portugal payroll calculatorEUR · contractor and employee estimates
- Romania payroll calculatorRON · contractor and employee estimates
- Slovakia payroll calculatorEUR · contractor and employee estimates
- Slovenia payroll calculatorEUR · contractor and employee estimates
- Spain payroll calculatorEUR · contractor and employee estimates
- Sweden payroll calculatorSEK · contractor and employee estimates
- Switzerland payroll calculatorCHF · contractor and employee estimates
Payroll calculator questions
What is take-home pay?
Take-home pay is the estimated amount left after employee taxes, social contributions and other modeled deductions. Employer costs are shown separately; for a contractor, those costs may be funded from the assignment rate.
Does one EU payroll tax rate apply to every country?
No. Each country uses its own payroll and tax rules. Choose the actual country of employment, and review regional and household settings where available. A cross-border tax position may require advice beyond this tool.
Can I check a contractor day rate and a permanent salary?
Yes. Contractor mode starts with the amount billed to a client; permanent employee mode starts with gross salary. You can enter day, month or annual amounts and adjust pensions and eligible allowances.
Are the results an official payslip or tax calculation?
No. Results and downloadable payslips are illustrations of the selected assumptions, not an official assessment, payroll record or guarantee of net pay.
Which countries are supported?
All 27 EU member states, the United Kingdom and Switzerland. Other countries are not modeled. Browse the supported countries.