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✓ Updated for 2026/27 tax year

UK Bonus Tax Calculator

Find out how much of your bonus you'll actually take home after income tax and National Insurance.

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Your details

£
£
Net bonus you'll receive
£3,498
30.0% effective bonus tax rate
How your bonus breaks down
Net bonus
Income tax
Nat. Insurance
Item Amount % of bonus
Gross bonus £5,000 100%
Income tax -£1,000 20%
National Insurance -£502 10%
Net bonus £3,498 70%

Results are estimates only and do not constitute financial advice.

Common bonus examples — 2026/27

Based on a £35,000 base salary with no pension contributions. Click any row to load it into the calculator.

Bonus Income tax NI Net bonus Effective rate

How it's calculated

Your bonus is added to your annual salary and total income tax is calculated on the combined amount. The tax already due on your salary alone is then subtracted — the difference is the tax attributable to your bonus.

If your salary is close to a tax band threshold — for example £45,000 — part of your bonus will be taxed at 20% and the rest at 40%. This calculator handles that split automatically.

National Insurance works the same way. The NI on your bonus is the difference between NI on (salary + bonus) and NI on salary alone, calculated using the 8% main rate and 2% upper rate.

Frequently asked questions

Why is my bonus taxed so much?

Bonuses are taxed at your marginal rate, not an average. If your salary already takes you near the 40% threshold (£50,270), the portion of your bonus above that level is taxed at 40% — which can make the effective rate feel high even on a modest bonus.

What is the UK bonus tax rate?

There is no special bonus rate — bonuses are taxed as income at 20%, 40%, or 45% depending on your total earnings. You also pay National Insurance at 8% on earnings up to £50,270 and 2% above that.

Can I put my bonus into my pension?

Yes — pension contributions reduce your taxable income. Putting your bonus into a pension can significantly cut the tax you pay on it. A higher-rate taxpayer effectively gets 40p back for every £1 contributed.

UK tax rates 2026/27

These rates apply to your bonus based on your total earnings for the year.

England, Wales & Northern Ireland — income tax
Band Income Rate
Personal allowanceUp to £12,5700%
Basic rate£12,571–£50,27020%
Higher rate£50,271–£125,14040%
Additional rateOver £125,14045%
Employee National Insurance
Threshold Earnings Rate
Below PTUp to £12,5700%
Main rate£12,571–£50,2708%
Upper rateOver £50,2702%

Bonuses are taxed as regular income — they're added to your annual salary and taxed at your marginal rate. If your salary plus bonus crosses a tax band boundary (such as £50,270 or £100,000), part of your bonus will be taxed at a higher rate. This calculator shows the exact tax attributable to your bonus.

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