Bonus Tax Calculator
✓ Verified for 2026/27Your Income & Bonus
£
£
%
%
Take-Home from Bonus
£3,100
you keep 62.0%
Tax Paid on Bonus
£1,000
20.0% rate
NI Paid on Bonus
£400
8.0% rate
Pension & SL on Bonus
£500
contributions
Bonus Tax Breakdown
Gross Bonus
£5,000
Pension contribution (Bonus)
£0
Income Tax on Bonus
£1,000
National Insurance on Bonus
£400
Net Take-Home from Bonus
£3,600
Net Kept
72%
Tax
20%
NI
8%
Bonuses are taxed at your highest marginal rate because they pile on top of your existing earnings. This can push your bonus into the 40% or 45% (or 60% if earnings exceed £100,000) tax band.
How We Calculated This
- Input variables: Enter the relevant amounts, rates, or percentages in the form.
- Real-time breakdown: The calculator applies HMRC rules and thresholds for the 2026/27 tax year to process the values.
- Display outputs: The visual graphs, donut charts, and tables are compiled dynamically to show your net take-home and deductions.
Real-World Examples
Standard Scenario
A basic calculation applying standard UK tax bands and allowances.
Calculation runs based on standard HMRC rules.
With Pension or Deductions
Factoring in a percentage of salary sacrifice or pension contributions.
Deductions are calculated and adjusted accordingly.
Frequently Asked Questions
Is this calculator updated for the 2026/27 tax year?
Yes, all calculators are fully updated with the latest HMRC thresholds, personal allowances, and National Insurance rates for 2026/27.
Can I use this for official tax submissions?
These tools are for estimation and illustrative purposes only. For official tax returns, please consult a qualified accountant or reference HMRC directly.
Related Calculators
About This Calculator
This calculator uses the latest HMRC rates for the 2026/27 tax year. For illustrative purposes only — always consult a qualified tax adviser for formal advice.