FY2 doctor pay after tax 2026/27

Take-home pay a month

£2,839.00

£34,067.98 a year from a salary of £47,610.00

Your details

Grade and pay point FY2 (nodal point 2)

Share of full time %

Percent of a full-time post

I pay into this pension scheme

Student loan NonePlan 1Plan 2Plan 4 (Scotland)Plan 5 Postgraduate loan as well

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Where your salary goes

	A year
Salary	£47,610.00
NHS Pension (9.8%)	£4,665.78
Income tax	£6,073.04
National Insurance	£2,803.20
Take-home pay	£34,067.98

How this was worked out

1. Pension rate: pay of £47,610.00 is in the tier from £35,156 to £52,778, so 9.8%
2. Salary: £47,610
3. Pension (net pay): £47,610 × 9.8% = £4,665.78, taken off before tax
4. Personal allowance: £12,570. Payroll applies it as tax code 1257L, which gives £12,579 of tax-free pay.
5. Taxable income: £42,944.22 − £12,579 = £30,365.22
6. Basic rate: £30,365.22 × 20% = £6,073.04
7. Income tax: £6,073.04
8. National Insurance: (£47,610 − £12,570) × 8% = £2,803.20
9. Take-home pay: £47,610 − £6,073.04 − £2,803.20 − £4,665.78 = £34,067.98

• Tax year: 2026/27. Tax code: 1257L. Income tax nation: England.
• Pension: NHS Pension Scheme contribution at the tier for the selected pay. Student loan: none unless selected in the calculator.
• Full-time basic pay, for a full tax year. Money is rounded to the nearest penny.

Foundation Year 2 doctors in England earn a basic salary of £47,610 in 2026/27. Take-home after deductions is about £2,839 a month.

Pay scale: www.nhsemployers.org/system/files/2026-07/Pay-and-Conditions-Circular-%28MD%29-1-2026-R2.pdf

Nodal point 2

FY2 is nodal point 2, a single rate for the second foundation year. The rise from FY1 comes with the move into the second year of the foundation programme, and there are no smaller steps inside either year.

Still in the basic rate band

Basic FY2 pay stays below the higher rate threshold in England, Wales and Northern Ireland, and below the upper earnings limit for National Insurance. The whole rise from FY1 is therefore taxed at the basic rate and the main National Insurance rate.

The NHS Pension tier for the FY2 salary is the same as for FY1, so the contribution rate, 9.8%, does not change on the move, although the amount in pounds rises with pay.

After the foundation years

Doctors who go straight into core or specialty training after FY2 move to nodal point 3, the next step on the scale. Some take time out of training first and work in locally employed posts, where the employer may choose different pay. The take-home pay calculator covers any salary outside the national scale.

Questions

How much does an FY2 doctor take home?

About £2,839 a month in 2026/27 on basic salary, before any student loan.

Does the pension rate change from FY1 to FY2?

No, both salaries sit in the same NHS Pension tier in 2026/27, so the rate stays the same and the contribution rises with pay.

Is FY2 pay taxed at the higher rate?

No, basic FY2 salary is below the higher rate threshold outside Scotland.