Pay rise calculator 2026/27
See what a pay rise really adds to your monthly take-home pay after tax and National Insurance, and whether it beats inflation.
Different rises on £48,000
| Rise | Before tax | After tax a year | A month | Kept |
|---|---|---|---|---|
| 2% rise | £960.00 | £691.20 | £57.60+£57.60 a month | 72% |
| 3% rise | £1,440.00 | £1,036.80 | £86.40+£86.40 a month | 72% |
| 4% rise | £1,920.00 | £1,382.40 | £115.20+£115.20 a month | 72% |
| 5% rise | £2,400.00 | £1,709.92 | £142.49+£142.49 a month | 71.2% |
| 10% rise | £4,800.00 | £3,101.92 | £258.49+£258.49 a month | 64.6% |
The rise you need to take home £300 more a month
Common questions
Will a pay rise push me into a higher tax band?
Only the part of your pay above £50,270 is taxed at 40%. Your whole salary never moves into a higher band, so a rise leaves you better off in take-home pay. The exception to watch is support that stops at a limit: going just over £100,000 of adjusted net income can end Tax-Free Childcare and funded childcare hours.
How much of a 5% pay rise will I keep?
On £48,000 a year in England, a 5% rise of £2,400.00 leaves you £1,709.92 more a year, or £142.49 a month. That is 71.2% of the rise; the rest goes in income tax and National Insurance.
Is a pay rise below inflation a pay cut?
In real terms, yes: if prices rise faster than your pay, the same money buys less than it did before. Set the inflation figure to whatever you expect and MyNetIncome’s pay rise calculator compares your new take-home pay with what you take home now, at today’s prices. That figure is your own assumption, not a forecast from us.