Desired Salary Calculator

How much do you need to earn per year before tax, to earn £5,000 a month after tax? Just type in £5,000 in the “Monthly net” field, then click on the “Calculate” button!


Age Group



Yearly Monthly Weekly Daily*
Gross Income £0.00 £0.00 £0.00 £0.00
Taxable Income £0.00 £0.00 £0.00 £0.00
Tax £0.00 £0.00 £0.00 £0.00
National Insurance £0.00 £0.00 £0.00 £0.00
Student Loan £0.00 £0.00 £0.00 £0.00
Take Home £0.00 £0.00 £0.00 £0.00
4 Weekly Pay £0.00 £0.00 £0.00 £0.00

*Daily values based on a 5-day working week

How to use the Desired Salary Calculator

This is an income tax calculator that works things out in reverse – you tell it how much you want to earn after tax each month, then it works out how much you’d need to earn per year, before tax, and then works out which tax bracket you’re in, and applies the appropriate level of tax and national insurance, in order to arraive at your Desired Monthly after tax Salary.

Simply type in the NET salary that you want to earn after tax each month in the “Monthly Net £” field, then it will tell you how much you need to earn GROSS per year in order to get to your desired NET monthly salary. It helps with lifestyle planning!

Advanced options (click the “Show/Hide advanced options for these):

If you pay into a pension, you can enter the monthly percentage amount of your salary that you pay into the “Pension Contributions:” field.

If you do overtime fill in either the “Monthly overtime (1.5x)” field or the “Monthly overtime (2x)” field. The 1.5x field works out your hourly rate when it’s multiplied by one and a half times. The 2x field doubles the hourly rate, as some people get paid double the rate when working overtime.

If you know your tax code, you can enter it in the “Any Tax Code” field to get a more accurate view of your net salary.

If you receive Childcare vouchers, then enter the monthly value of the vouchers you receive in the “Child Care Vouchers:(Monthly)” field.

The calculations are all based on data for the 2016/2017 tax year (income tax, national insurance and student loan information) which began in April 2016.

If you wish to see figures from previous tax years, simply click on the drop-down menu next to the word “Year” at the top of the calculator.

A more detailed explanation of how the tax rules work can be found here:

Disclaimer: Information provided on this site is for illustrative purposes only. Do not make any major financial decisions without consulting a qualified specialist. We also ask that you take a moment to read our Terms and Conditions and Privacy Policies.