How to Use the Hourly Wage Calculator

This calculator is designed to give you a detailed breakdown of your earnings based on your hourly rate and other factors common in the UK. Simply enter your hourly wage, the number of hours you work per week, and any regular overtime. You can also add your pension contribution percentage and select your student loan plan to see how these affect your take-home pay[attached_file:1]. The calculations are based on the 2025/26 tax year for England, Wales, and Northern Ireland, with an option for Scottish tax rates.

Understanding Your Deductions

• Income Tax: Calculated based on the tax brackets for the selected region. The Personal Allowance (the amount you can earn tax-free) is factored in.
• National Insurance: Your contribution to state benefits, calculated as a percentage of your earnings above a certain threshold.
• Pension: If you contribute to a workplace pension, this is deducted from your gross pay before tax, giving you tax relief.
• Student Loan: Repayments are calculated as a percentage of your earnings above the threshold for your specific loan plan (Plan 1, Plan 2, or Postgraduate)[attached_file:1].