Budget & tax changes · 2026/27
How the next Budget will change your take-home pay
How does the Budget affect my take-home pay?
When the Chancellor changes tax thresholds, rates or National Insurance at the next Budget, your monthly take-home changes with them. This page will show the exact before-and-after for your salary within hours of the announcement — bookmark it now.
Verified 12 August 2026
Nothing to update yet — but you're in the right place
There's no new fiscal event confirmed right now. The moment the Chancellor announces changes to income tax, National Insurance or thresholds, this page will show the exact before-and-after for every salary below. In the meantime, here's what's quietly happening to your pay already.
The freeze that's already costing you
Income tax and National Insurance thresholds in England, Wales and Northern Ireland are frozen — they do not rise with inflation. As wages rise, more of your pay crosses into higher bands, which quietly increases the tax you pay each year even with no rate change. This is often called "fiscal drag". The Personal Allowance sits at £12,570, the higher-rate threshold at £50,270 — and because they're frozen until 2031, every pay rise pulls you slightly deeper into tax.
Your take-home right now, by salary
| Salary | Monthly take-home | Annual take-home | Tax + NI |
|---|---|---|---|
| £20,000 | £1,493 | £17,920 | £2,080 |
| £30,000 | £2,093 | £25,120 | £4,880 |
| £40,000 | £2,693 | £32,320 | £7,680 |
| £50,000 | £3,293 | £39,520 | £10,480 |
| £60,000 | £3,780 | £45,357 | £14,643 |
| £80,000 | £4,746 | £56,957 | £23,043 |
| £100,000 | £5,713 | £68,557 | £31,443 |
| £125,000 | £6,505 | £78,057 | £46,943 |
Figures for 2026/27, England/Wales/NI, no pension or student loan. Run your exact number →