Hourly Wage Tax Calculator 2023/24
The Hourly Wage Tax Calculator uses tax information from the tax year 2023 / 2024 to show you take-home pay. See where that hard-earned money goes - with UK income tax, National Insurance, student loan and pension deductions. More information about the calculations performed is available on the about page.
Using The Hourly Wage Tax Calculator
To start using The Hourly Wage Tax Calculator, simply enter your hourly wage, before any deductions, in the "Hourly wage" field in the left-hand table above. In the "Weekly hours" field, enter the number of hours you do each week, excluding any overtime. If you know your tax code you can enter it, or else leave it blank.
If you do any overtime, enter the number of hours you do each month and the rate you get paid at - for example, if you did 10 extra hours each month at time-and-a-half, you would enter "10 @ 1.5". 5 hours double time would be "5 @ 2".
If you make contributions to a pension scheme, enter the percentage that you contribute in the "Pension" field. The "Contracted out" field depends on how your pension scheme is considered by HMRC. More information is available in the tooltip - if in doubt, leave this box ticked.
If you use salary sacrifice to receive childcare vouchers, enter the amount you receive each month into the Childcare vouchers field. If you joined the voucher scheme before 6th April 2011, tick the box - otherwise, leave the box unticked.
Choose your age range from the options provided, and tick the "Married", "Blind" or "Student Loan" box if any of these apply to you. When you have entered your details, click on the "Calculate" button to see how your take-home pay is calculated. Results will be shown in the right-hand table above.
You can read more about the thresholds and rates used by The Tax Calculator on the about page.