A £5,000 pay rise is never worth £5,000. Income tax, National Insurance, your pension and any student loan all take their share first — on a £35,000 salary you keep roughly 68p of every extra £1. Enter your current and new salary (or just the percentage rise) to see what the raise is really worth per year and per month. Results update as you type.
Estimates only — not financial advice. Based on 2026/27 rates for England, Wales & Northern Ireland. Rates may change after the Autumn Budget on 28 October 2026.
See your full new payslip breakdown in the take-home pay calculator. Thinking of putting the rise into your pension instead? The pension calculator shows what that would really cost you.