Your take-home pay on a £15,000 salary — full PAYE breakdown including income tax and National Insurance.
| Component | Annual | Monthly |
|---|---|---|
| Gross Salary | £15,000 | £1,250 |
| Personal Allowance | £12,570 | £1,047 |
| Taxable Income | £2,430 | £202 |
| Income Tax (20%) | − £486 | − £40 |
| National Insurance (8%) | − £194 | − £16 |
| Take-Home Pay | £14,320 | £1,193 |
| Band | Rate | Income in Band | Tax Paid |
|---|---|---|---|
| Personal Allowance | 0% | £12,570 | £0 |
| Basic Rate | 20% | £2,430 | £486 |
| Higher Rate | 40% | £0 | £0 |
| Total | £15,000 | £486 |
| Band | Rate | Earnings in Band | NI Paid |
|---|---|---|---|
| Below Primary Threshold | 0% | £12,570 | £0 |
| Primary Rate | 8% | £2,430 | £194 |
| Total NI | £194 |
On a £15,000 salary you take home £14,320 per year — that is £1,193 per month or £276 per week after income tax and National Insurance in 2026/27.
You pay £194 in National Insurance on a £15,000 salary. NI is charged at 8% on earnings between £12,570 and £50,270. The first £12,570 (Primary Threshold) is NI-free.
You pay £486 in income tax. Your Personal Allowance covers the first £12,570 tax-free, and the remaining £2,430 is taxed at 20% (basic rate).
A £15,000 annual salary works out at approximately £7.21 per hour (40-hour week). After tax, your hourly take-home is around £6.00.
The National Living Wage for workers aged 21 and over is £12.71 per hour from April 2026, which equals approximately £26,400 per year full-time. A £15,000 salary is below this threshold on a full-time basis.