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Your next £1 · UK · 2026

What does your next £1 actually add?

How much of a pay rise do you actually keep?

A pay rise never lands in full — tax, National Insurance and student loan all take a slice of the extra, not just your original salary. A basic-rate earner keeps about 70p of each new £1; a higher-rate earner about 58p; and in the £100k–£125k trap, as little as 38p. Drag your salary below to see exactly what happens to your next £1 and your next £1,000.

Verified 12 August 2026

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What you keep of your next £1, by salary

Because of how the bands stack, the slice you keep isn't steady — it drops at each threshold, and dips sharply in the £100k–£125k personal-allowance taper:

Salary bandMarginal rateYou keep of each extra £1
Up to £12,5700%£1.00
£12,570 – £50,27028%72p
£50,270 – £100,00042%58p
£100,000 – £125,14062%38p
Above £125,14047%53p

Rates include 8%/2% National Insurance where it applies. Add a Plan 2 student loan and 9% comes off the top of each figure above £27,295. How we calculate.

Did your last pay rise actually change how you live?

See how the whole country answered on the UK money mood page.