WageAbout WageReckon
What WageReckon is
WageReckon is a fast UK take-home-pay calculator. Type in a salary and it shows exactly what lands in your bank once Income Tax, National Insurance and any student loan or pension have come out, as a yearly, monthly and weekly figure.
It shows its working. Every deduction is broken out on the page, and each figure is traced to its HMRC or gov.uk source rather than asserted. It works for the whole of the UK: England, Wales and Northern Ireland share one set of income-tax bands, and Scotland is handled on its own separate set.
Who runs it
WageReckon is published by Inventum, an Australian-registered company. It is one of Inventum's independent data-utility sites, built to do one job well.
Content is maintained under the byline WageReckon Editorial, which is a desk rather than a persona. We do not publish invented author names, photographs or credentials. Accountability rests on things you can check: a named publisher, a public methodology, dated rate data, and an open corrections inbox at support@inventum.com.au.
Why it exists
Net pay is hard to see. A job offer quotes a gross salary, but what actually reaches your account depends on your region, your tax code, your student loan plan and your pension arrangement, and those are rarely spelled out in one place. WageReckon puts the full breakdown on a single page for any salary, so you can see what you keep rather than guess at it.
What it covers
The tool covers per-salary take-home breakdowns, student loan repayments across Plans 1, 2, 4 and 5 and the Postgraduate Loan, workplace pensions and auto-enrolment, tax codes, the National Living Wage and National Minimum Wage, and dividend tax.
Scotland is a first-class case here, not an afterthought. It sets its own income tax with six bands rather than the rest of the UK's three, so a Scottish salary is modelled on Scottish rates from the start instead of being adjusted at the end.
Our standing commitment
Every number on WageReckon comes from HMRC or gov.uk, used under the Open Government Licence v3.0. The figures shown here are for the 2026-27 tax year and were verified on 24 July 2026.
We refresh the data each Autumn Budget and again at the 6 April tax-year rollover, so the site tracks the rates that are actually in force. WageReckon is general information, not financial, tax or legal advice.
Frequently asked questions
Is WageReckon official, or connected to HMRC?
No. WageReckon is an independent site published by Inventum and has no affiliation with HMRC or any government body. We use HMRC and gov.uk figures as our source, but the site is not a government service and does not act on HMRC's behalf.
Which tax year do the figures use?
The 2026-27 UK tax year, which runs from 6 April to the following 5 April. The rates were verified on 24 July 2026 and are refreshed at each Autumn Budget and each 6 April change.
Does it work for Scotland?
Yes. Scottish taxpayers pay income tax on their own six bands, and WageReckon models those separately from the rest of the UK. National Insurance and the Personal Allowance are the same UK-wide; only the income-tax bands differ.
See also: Methodology · About · Editorial policy
Rates for the 2026-27 tax year, current as of 24 July 2026. Source: HMRC (gov.uk). Contains public sector information licensed under the Open Government Licence v3.0. Source: HMRC / gov.uk. See how we calculate.