What will you take home on a graduate salary after income tax, National Insurance and student loan deductions? Calculate your monthly net pay.
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Enter your graduate salary to see monthly take-home pay after tax and NI.
How UK Income Tax Works
2024/25: Personal allowance £12,570 (0% tax). Basic rate 20% on £12,571–£50,270. Higher rate 40% above £50,270. National Insurance: 8% on £12,570–£50,270, 2% above. Student loan deductions: 9% of earnings above plan threshold (automatic via PAYE).
The median UK graduate starting salary in 2024 is approximately £28,000–£32,000 depending on sector. Top graduate schemes (banking, consulting, law, engineering) offer £35,000–£50,000+. Public sector (teaching, NHS) typically starts at £25,000–£30,000. London adds roughly £4,000–£8,000 to salaries but costs significantly more to live in. Median graduate salary after 5 years of work is around £38,000–£42,000.