Take-Home Pay Calculator

Estimate net pay after tax and deductions using rates you supply.

Please note: A simplified estimate. Actual withholding depends on your jurisdiction, filing status and allowances.

What the Take-Home Pay Calculator does

Take-home pay is gross salary minus income tax, social contributions, retirement deductions and any other withholdings. Because the rates depend heavily on where you live, this calculator takes them as inputs rather than assuming a jurisdiction.

Formula

  • Pension = Gross × pension rate
  • Tax = (Gross − Pension) × tax rate
  • Net = Gross − Tax − Social − Pension − Other

Inputs explained

InputUnitRequiredNotes
Gross annual salaryselected currencyYesAccepts more than 0.
Income tax rate%YesYour effective rate, not your top bracket.
Social security / national insurance%Optional
Pension / retirement contribution%Optional
Other annual deductionsselected currencyOptionalHealth insurance, union dues, etc. Accepts 0 or more.
Currencyone of 10 optionsOptional

How to use it

  1. Choose Currency.
  2. Enter Gross annual salary and Income tax rate.
  3. Optionally add Social security / national insurance, Pension / retirement contribution and Other annual deductions.
  4. Select Calculate.

Worked example

$70,000 gross, 22% effective tax, 7.65% social security, 5% pension.

Gross
70000
Tax
22
Social
7.65
Pension
5

Net $46,515.00 a year, $3,876.25 a month — $23,485.00 goes in deductions, keeping 66.45% of gross.

Frequently asked questions

What effective tax rate should I use?

Not your top bracket — your total tax divided by total income. Look at last year's return, or use the income tax calculator to work it out from brackets.

Are pension contributions really a deduction?

They reduce your take-home pay but stay yours. In many countries they also reduce taxable income, which is why this calculator applies tax after the pension deduction.

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