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A net salary calculator estimates take-home pay after deducting income tax, national insurance or social security contributions, and pension contributions from gross salary.

Formel

net = gross - federal_tax - FICA - state_tax - (optional: health_ins, 401k, other_deductions)
gross
Gross salary ($) — Annual pay before deductions
fed_tax
Federal income tax ($) — IRS withholding
fica
FICA (Social Security + Medicare) ($) — Payroll taxes (15.3% employer+employee total)
net
Net (take-home) salary ($) — Amount after all deductions

Trin-for-trin guide

  1. 1Net Pay = Gross Pay − Income Tax − National Insurance − Pension
  2. 2Income tax bands apply progressively above the personal allowance
  3. 3NI in UK: 8% on earnings £12,570–£50,270, 2% above
  4. 4Pension contributions reduce taxable income

Løste eksempler

Input
£35,000 gross (UK)
Resultat
Approx £27,800 net after tax and NI
Input
$60,000 gross (US, single)
Resultat
Approx $47,000 net after federal/state tax
Input
£50,000 gross (UK)
Resultat
Approx £37,500 net

Ofte stillede spørgsmål

What is FICA?

Federal Insurance Contributions Act. Social Security (6.2% + 6.2% employer) + Medicare (1.45% + 1.45% employer). Self-employed pay the full 15.3%.

Why is my paycheck less than expected?

Federal income tax (varies by bracket), FICA taxes, state income tax (if applicable), health insurance premiums, 401(k) contributions, other deductions.

How accurate is this calculator?

It provides estimates. Exact withholding depends on W-4 form, filing status, dependents, and recent tax law changes. Ask payroll for exact amounts.

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