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What Is PAYE? The Complete 2025/26 Guide

PAYE (Pay As You Earn)is the system HMRC uses to collect income tax and National Insurance directly from your wages before your employer pays you. If you’re employed in the UK, PAYE is the reason your payslip shows deductions — and understanding it means you can check you’re paying the right amount.

How PAYE Works

Each pay period your employer calculates how much tax and National Insurance to withhold based on your tax code and the current tax bands. The money is sent to HMRC on your behalf, so most employees never need to file a Self Assessment return.

2025/26 Income Tax Bands (England, Wales & Northern Ireland)

BandTaxable IncomeRate
Personal AllowanceUp to £12,5700%
Basic rate£12,571 – £50,27020%
Higher rate£50,271 – £125,14040%
Additional rateOver £125,14045%

Note:For every £2 you earn above £100,000, your Personal Allowance is reduced by £1. This means it reaches zero at £125,140, creating an effective 60% tax rate in that band.

2025/26 Employee National Insurance Rates

EarningsNI Rate
Up to £12,570 (Primary Threshold)0%
£12,570 – £50,270 (Upper Earnings Limit)8%
Above £50,2702%

Worked Example: £35,000 Salary

Worked Example: Monthly Take-Home on £35,000

Gross annual salary£35,000.00
Personal Allowance£12,570.00
Taxable income£22,430.00
Income tax (20% of £22,430)−£4,486.00
Employee NI (8% of £22,430)−£1,794.40
Total annual deductions−£6,280.40
Annual take-home£28,719.60
Monthly take-home£2,393.30

Assumes tax code 1257L, no student loan, no pension contributions.

Understanding Your Tax Code

Your tax code tells your employer how much tax-free income you get. The most common code is 1257L, which gives you the standard Personal Allowance of £12,570.

CodeMeaning
1257LStandard code — £12,570 tax-free allowance
BRAll income taxed at basic rate (20%) — common for second jobs
D0All income taxed at higher rate (40%)
NTNo tax deducted
K codesYou owe more tax than your allowance covers (e.g., company car benefit)
0TNo allowance — often used as emergency code

What PAYE Doesn’t Cover

  • Self-employment income (reported via Self Assessment)
  • Rental income above £1,000
  • Capital gains above the £3,000 annual exempt amount
  • Foreign income not already taxed at source
  • Dividends above the £500 allowance

Check Your Take-Home Pay

Use our free PAYE calculator to see your exact take-home pay for 2025/26, including student loan repayments and pension contributions.

Open PAYE Calculator →