How much income tax do I pay on £60,000?

On £60,000 with no pension, income tax is £11,432 a year in 2026/27 — £7,540 at the 20% basic rate and £3,892 at the 40% higher rate.

How much income tax do I pay on £50,000?

On £50,000, income tax is £7,486 a year — 20% of the £37,430 above the £12,570 personal allowance.

What is the personal allowance for 2026/27?

£12,570. It has been frozen since April 2021 and stays frozen until April 2031.

At what salary do I pay 40% tax?

You start paying 40% on the part of your income above £50,270 a year (with the full personal allowance). The first £50,270 is taxed at 0% or 20%.

Why do I pay 60% tax between £100,000 and £125,140?

Because your personal allowance is withdrawn by £1 for every £2 you earn over £100,000. Losing the allowance while paying 40% tax adds up to an effective 60% marginal rate in that band.

Income Tax Calculator UK 2026/27

TL;DR: In 2026/27 you pay no income tax on the first £12,570, then 20% up to £50,270, 40% up to £125,140 and 45% above that. On £60,000 with no pension, income tax is £11,432 a year (£952.67 a month).

Your gross annual income Pension contribution: 0% of salary

England, Wales and Northern Ireland rates. Scotland sets its own bands. Pension is taken off before tax is worked out. National Insurance is not included here — see the Take Home Pay Calculator for the full picture.

Income tax bands 2026/27

Band	Income	Rate	Tax on a full band
Personal allowance	Up to £12,570	0%	£0
Basic rate	£12,571 – £50,270	20%	£7,540
Higher rate	£50,271 – £125,140	40%	£29,948
Additional rate	Over £125,140	45%	No limit

Each rate applies only to the slice of income inside that band. Earning £51,000 does not mean 40% tax on the whole £51,000 — only on the £730 above £50,270.

The £100,000 trap

Above £100,000, your personal allowance falls by £1 for every £2 of extra income, and is gone entirely at £125,140. Between those two figures your effective marginal rate is 60% — 40% tax plus the lost allowance. Pension contributions and Gift Aid can bring your income back below £100,000 for this purpose.

What changed in the Autumn Budget 2026?

The Budget on 28 October 2026 kept the headline income tax rates and thresholds frozen — the personal allowance and higher-rate threshold stay frozen until April 2031. From 6 April 2027, tax on savings interest rises to 24%, 44% and 49% (from 20%, 40% and 45%), and rental profits are taxed at the same higher rates. Those changes do not affect tax on employment income.

Sources: GOV.UK “Income Tax rates and Personal Allowances”; HMRC Overview of Tax Legislation and Rates (Budget 2026). Checked 13 November 2026.

Important: Everything on this site is general information for planning purposes only. It is not professional financial advice, not tax advice, and not a substitute for advice from a qualified adviser. Rates and thresholds are for the UK tax year 2026/27 (6 April 2026 – 5 April 2027) unless stated otherwise, and can change. Figures are estimates — your actual pay depends on your tax code, pension scheme, student loan plan and other deductions. Check the current figures on GOV.UK or speak to a qualified adviser before acting.