Pay Rise Calculator

What a pay rise is really worth in your pocket after tax and deductions.

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About this calculator

A 5% rise doesn't mean 5% more in your pocket — tax bands, National Insurance and student loans take their slice of every extra pound, and crossing a threshold changes the slice sharply. This calculator runs your current and new salaries through the full 2026/27 PAYE computation to show the rise you'll actually see.

The formula

New salary = Current × (1 + Rise% ÷ 100) Extra take-home = PAYE(New) − PAYE(Current)

Worked example

A 5% rise on £38,000 (England, no loan): gross +£1,900 → take-home +£1,368/year (+£114/month) — you keep 72%.

Common mistakes

  • Negotiating in net terms — employers think in gross, so convert your target first.
  • Assuming the keep-rate is constant: above £50,270 it drops to 58% (49% with a student loan).
  • Ignoring pension contributions that scale with salary and quietly boost the rise's real value.

Frequently asked questions

The personal allowance taper adds an effective 20% to the marginal rate, producing a 60%+ band between £100,000 and £125,140.

Broadly yes — extra income taxed at your marginal rate. Use the take-home calculator's bonus field to model it.

Yes — 9% (6% postgraduate) of the gross rise goes to the loan if you're above your plan's threshold. Pick your plan to include it.

Assumptions & limitations

Standard tax code, no pension change, 2026/27 rates.

Sources & verification

This calculator applies the standard formula published above to the figures you enter — it relies on no external statutory data. The formula and the worked example were checked by hand against each other.

Formula last verified: 24 July 2026
Maintained by: Steve Davis, Founder & Editor — see our editorial standards

Spotted an error or an out-of-date figure? Report it — corrections are prioritised over all other work (see our corrections policy).

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