Rate of record
Minimum wage take-home calculator
Set hours and band. The calculator returns gross hourly, weekly, monthly and annual pay, then deducts 2026/27 PAYE and Class 1 employee National Insurance to give net.
Gross
- £12.71 / hr
- £476.63 / week
- £2,065.38 / month
- £24,784.50 / year
Net (after PAYE + NI)
- £410.85 / week
- £1,780.37 / month
- £21,364.44 / year
Income tax £2,442.90 · NI £977.16
Worked example: 37.5 hours, 21+ NLW
At £12.71/hr × 37.5h × 52 weeks = £24,784.50 gross annual. After the £12,570 personal allowance, income tax is 20% of £12,214.50 = £2,442.90. Employee NI at 8% above the primary threshold £12,570 is £977.16. Net £21,364.44 annual, or £1,780.37 monthly. The calculator above returns the same figures.
What is and isn't included
- Includes: PAYE income tax 2026/27, Class 1 employee NI 2026/27.
- Excludes: student loan, auto-enrolment pension, Scottish / Welsh tax rates, court orders.
- Personal allowance taper above £100,000 not modelled (NMW workers don't reach it).