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2026/27 tax year · updated 6 April 2026

Work out what actually lands in your account.

Free calculators for UK take-home pay, tax, benefits and bills — no account, no email, just the numbers.

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Side hustle reality check

What YouTube and TikTok claim vs. what actually happens for most people who try it

These are general patterns based on how these hustles typically play out, not a prediction for your specific effort, skill, or luck — some people genuinely do well with the ones rated lower here, and plenty struggle with the ones rated higher. Not financial advice.

Social media almost always shows the outcome, never the denominator — you see the one creator with a six-figure store, not the hundreds who tried the same product and lost money on ads. None of these side hustles are scams by default, but most take longer, cost more, and pay less than the version that gets clipped for a 30-second video. Pick one above to see the honest version.

Budget calculator

A simple 50/30/20 split — needs, wants, and savings — for your monthly income

Savings % is whatever's left after Needs and Wants. The classic split is 50/30/20, but adjust the two boxes above to fit your own budget — the calculator does the rest.

The 50/30/20 rule is a starting point, not a rule book: 50% of take-home pay covers needs like rent, bills and groceries, 30% covers wants like eating out and subscriptions, and the remaining 20% goes to savings, investing or paying down debt. If your rent alone eats more than half your income — common in expensive UK cities — the ratios simply shift; the tool updates instantly so you can see what's realistic for your own budget rather than a national average.

Take-home pay calculator

England, Wales, Northern Ireland and Scotland — 2026/27 rates

Optional. Leave at 0 if you don't contribute via salary sacrifice.
Take-home pay
£0
per month
Gross pay£0
Pension£0
Income Tax£0
National Insurance£0
Net pay£0
Figures use 2026/27 rates: Personal Allowance £12,570 (tapered above £100,000, gone at £125,140), employee National Insurance at 8% between £12,570–£50,270 and 2% above. Scotland uses the six Scottish Income Tax bands. Estimate only — doesn't account for student loans, benefits-in-kind, or non-standard tax codes.

Take-home pay is your gross salary minus Income Tax and National Insurance, and minus any pension you sacrifice before those deductions are worked out. Everyone gets a tax-free Personal Allowance of £12,570 for 2026/27, then the rest is taxed in bands — 20% up to £50,270, 40% up to £125,140, and 45% above that in England, Wales and Northern Ireland. Scotland runs six separate bands instead of three, so the same salary can land differently depending on where you live and work.

Tax refund timeline estimator

See roughly when to expect your money based on how and when you claimed

Based on HMRC's typically published processing times, not a guarantee. Backlogs, security checks, or incomplete claims can extend these windows considerably. Check your actual status at gov.uk.

HMRC refund times vary a lot by claim type. A P800 refund claimed online through your Personal Tax Account is usually the fastest, often landing within 5 working days. A Self Assessment refund claimed online typically takes 1–2 weeks. Anything sent by post, including written correspondence to HMRC's PAYE and Self Assessment office, is far slower — usually 6–12 weeks, longer during busy periods like January. Claiming online is almost always the quickest route if the option is available to you.

State Pension next payment dates

State Pension is paid every 4 weeks — work out your next few payment dates

State Pension is paid every 4 weeks on a day determined by the last two digits of your National Insurance number. This tool simply adds 28 days from your last payment — it doesn't need or store your NI number. Bank holidays can shift a payment date slightly earlier.

Unlike most benefits, the State Pension is paid every 4 weeks rather than monthly, which means the payment date drifts slightly each cycle instead of landing on the same date every month. Which day of the week you're paid on is fixed by the last two digits of your National Insurance number and doesn't change. If a payment date falls on a bank holiday or weekend, HMRC typically pays it on the last working day before, so treat these dates as a guide rather than a guarantee.

Minimum wage checker

Check your pay against the legal minimum for your age — 2026/27 rates

Uses the legal minimum rates effective from 1 April 2026: £12.71/hr (21+), £10.85/hr (18–20), £8.00/hr (under 18 and most apprentices). Doesn't account for accommodation offsets or complex pay structures.

The National Living Wage (21 and over) and National Minimum Wage (under 21 and apprentices) are legal minimums your employer must pay — it's illegal to pay below them even if you signed a contract agreeing to a lower rate. Rates rise every 1 April, so it's worth rechecking your pay each spring, especially around a birthday that moves you into a higher age band. If you think you're being underpaid, HMRC investigates complaints and can order back pay plus penalties.

Universal Credit estimator

A rough monthly estimate based on your circumstances and earnings — 2026/27 rates

Estimate only — covers standard allowance, child element and the earnings taper. Doesn't include housing costs, disability elements, childcare costs, carer element, or the benefit cap. Use the official gov.uk Universal Credit service for a real assessment.

Universal Credit combines a fixed standard allowance with extra elements for children, housing, disability or caring responsibilities. Once your earnings go above your work allowance (only if you have children or limited capability for work), your payment reduces by 55p for every extra £1 you earn — known as the taper rate. If you have no work allowance, the taper applies from your very first pound of earnings. This is a simplified estimate; your actual award depends on your full circumstances.

Child Benefit calculator

See what you'd receive, and whether the High Income Child Benefit Charge applies

2026/27 rates: £27.05/week for the eldest or only child, £17.90/week for each additional child. The High Income Child Benefit Charge applies once the highest individual earner's adjusted net income passes £60,000, clawing back 1% of the benefit per £200 earned above that, fully gone at £80,000.

Child Benefit is paid regardless of income, but the High Income Child Benefit Charge claws some or all of it back through the tax system if either parent individually earns over £60,000 — it's based on the higher earner's income, not combined household income. Many high earners still claim it even knowing they'll repay some or all of it, because claiming registers the non-working or lower-earning parent for National Insurance credits that count toward their State Pension — skipping the claim entirely can mean a permanent gap in that record.

Energy bill estimator

Estimate your annual bill under the current Ofgem price cap (Jul–Sep 2026)

Uses the Ofgem price cap for 1 July–30 September 2026 (Direct Debit, England/Scotland/Wales average): electricity 26.11p/kWh + 57.19p/day standing charge; gas 7.33p/kWh + 29.04p/day standing charge. Defaults are Ofgem's typical household use (2,500 kWh electricity, 9,500 kWh gas/year). Actual costs vary by region, tariff, and payment method.

The energy price cap limits what suppliers can charge per unit of energy and per day of standing charge — it doesn't cap your total bill, which still depends on how much you actually use. Ofgem reviews the cap every three months (January, April, July, October), so these figures shift regularly. The standing charge is fixed daily regardless of usage, which is why low-usage households often feel it makes up a disproportionate share of their bill.

Mortgage overpayment calculator

See how much interest and time a monthly overpayment could save you

Assumes a repayment (not interest-only) mortgage with a fixed rate for the full remaining term. Real mortgages often change rate at the end of a fixed period, which this doesn't model. Check your lender's overpayment allowance — most cap penalty-free overpayments at 10% of the balance per year.

Overpaying comes straight off your capital balance, so you stop paying interest on that amount for the rest of the mortgage — even a modest monthly overpayment can cut years off the term and save thousands in interest, because mortgage interest compounds over decades. Most UK lenders allow overpayments up to 10% of the outstanding balance each year without an early repayment charge; going beyond that limit can trigger a penalty, so it's worth checking your specific mortgage terms before committing to a regular overpayment.

Council Tax reduction checker

See which reduction categories are worth checking with your local council

Council Tax discounts and reductions are set and administered locally, so exact amounts vary by council — this tool flags which national schemes are worth applying for, not a guaranteed discount amount. Apply directly through your local council's website.

Unlike most benefits, Council Tax support is run by your local council rather than a single national scheme, so eligibility and reduction amounts genuinely differ depending on where you live. That said, a few categories are near-universal: a 25% single-person discount for sole adult occupiers, full student household exemptions, disability-related band reductions, and means-tested Council Tax Reduction (formerly Council Tax Benefit) for low-income households. Most councils let you check and apply online in under ten minutes once you know which category applies.

Student loan repayment calculator

Plan 1, 2, 4, 5 and Postgraduate — 2026/27 thresholds

2026/27 thresholds: Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000, Postgraduate £21,000. Repayment rates: 9% above threshold for Plans 1/2/4/5, 6% above threshold for Postgraduate. If you hold both an undergraduate and a Postgraduate loan, both are repaid simultaneously.

Which plan you're on depends on when and where you studied — Plan 2 covers most English and Welsh students who started between 2012 and 2023, Plan 5 covers those starting after August 2023, and Plan 4 applies to Scottish students. Repayments are 9% of everything you earn above your plan's threshold, deducted automatically through payroll — not 9% of your whole salary. Because any remaining balance is written off after a set number of years, high earners on track to clear the loan early benefit most from overpaying; most graduates on average earnings never repay the full balance before write-off.

How UK take-home pay is worked out

Your employer takes two things off your gross pay before it reaches your account: Income Tax and National Insurance. Everyone gets a tax-free Personal Allowance — £12,570 for 2026/27 — then the rest is taxed in bands that get steeper as you earn more. Scotland sets its own bands, which is why the same salary can produce a different take-home figure depending on where you live.

All free cash tools

Every tool on Cash Updates — jump straight to the one you need.

01

Take-home pay calculator

Salary to net pay, all UK nations.

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02

Tax refund timeline

Estimate when your refund will land.

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03

State Pension dates

Your next few payment dates.

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04

Budget calculator

A simple 50/30/20 split for your monthly income.

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05

Minimum wage checker

Check your pay against the legal minimum.

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06

Universal Credit estimator

A rough monthly UC estimate.

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07

Child Benefit calculator

Rates plus the High Income Charge.

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08

Energy bill estimator

Under the current Ofgem price cap.

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09

Mortgage overpayment calculator

Interest and time saved by overpaying.

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10

Council Tax reduction checker

Which national schemes to check.

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11

Student loan repayment calculator

Plans 1, 2, 4, 5 and Postgraduate.

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12

Side hustle reality check

Hype vs. reality for 10 popular side hustles.

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