£29,000 after tax

Take-home pay

£24,401.40

On a salary of £29,000 (29k) you take home £24,401.40 a year in the 2026/27 tax year. That is £2,033.45 a month or £469.26 a week.

On a salary of £29,000 you take home £24,401.40 a year after income tax and National Insurance. This salary sits just below two lines: the Plan 2 student loan threshold and the salary where Scottish taxpayers start to pay the intermediate rate.

Take-home pay on £29,000
England, Wales and Northern IrelandScotland
A year£24,401.40£24,441.07
A month£2,033.45£2,036.76
A week£469.26£470.02
A working day£93.85£94
An hour (37.5 hours a week)£12.51£12.53
Where the money goes each year
Amount
Salary£29,000
Income tax£3,284.20
National Insurance£1,314.40
Take-home pay£24,401.40
How this was worked out
  1. Salary: £29,000
  2. Personal allowance: £12,570. Payroll applies it as tax code 1257L, which gives £12,579 of tax-free pay.
  3. Taxable income: £29,000 − £12,579 = £16,421
  4. Basic rate: £16,421 × 20% = £3,284.20
  5. Income tax: £3,284.20
  6. National Insurance: (£29,000 − £12,570) × 8% = £1,314.40
  7. Take-home pay: £29,000 − £3,284.20 − £1,314.40 = £24,401.40

Deductions from £29,000

Your taxable income on £29,000 is £16,421, and the basic rate turns that into £3,284.20 of income tax. National Insurance is £1,314.40. What is left comes to £2,033.45 a month or £12.51 an hour on a working week of 37.5 hours.

The higher rate starts above £50,279, so a raise from £29,000 is taxed at the basic rate and adds £720 for each extra thousand pounds.

Your employer pays £3,600 in employer National Insurance for a £29,000 salary. That payment comes on top of your salary and leaves your take-home of £24,401.40 unchanged.

Just under two thresholds

Plan 2 repayments start above £29,385, so a Plan 2 borrower on £29,000 still repays £0. Plan 1 already takes £189 and Plan 5 takes £360 at this salary, and the postgraduate loan takes £480.

In Scotland, £29,000 is still below the point where the intermediate rate of 21% begins, which is above £29,535. A Scottish taxpayer here keeps £24,441.07, which is £39.67 more than the rest of the UK, and has the same marginal rate of 28%. The page for a thousand pounds more shows both lines crossed.

A five per cent pension on £29,000

Salary sacrifice at five per cent brings take-home on £29,000 down to £23,357.40, a cost of £1,044 a year. A net pay or relief at source pension leaves £23,241.40. Salary sacrifice keeps £116 more than the other two schemes on £29,000, because it also cuts National Insurance. The take-home pay calculator works out other rates and loan plans together.

With a student loan. Plan 4 figures use Scottish income tax.
PlanRepayment a yearTake-home a year
Plan 1£189£24,212.40
Plan 2£0£24,401.40
Plan 4 (Scotland)£0£24,441.07
Plan 5£360£24,041.40
Postgraduate loan£480£23,921.40
Paying 5% into a pension
Type of schemeTake-home a year
Salary sacrifice£23,357.40
Net pay£23,241.40
Relief at source£23,241.40

Try other figures in the take-home pay calculator.

Questions

How much is £29,000 a week after tax?

The weekly take-home on £29,000 is £469.26. In Scotland the weekly figure is £470.02, a little higher because of the starter rate.

Do I pay Plan 2 on £29,000?

No. Your salary of £29,000 is below the Plan 2 threshold of £29,385, so the Plan 2 deduction for the year is £0.

How does £29,000 compare with the median?

It is £10,039 less than the median full-time salary in April 2025, which was £39,039. A salary of £29,000 sits in the lower half of full-time pay.

Other salaries