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2025/26 Tax Year

£29,000 Salary - UK Take Home Pay

If you earn £29,000 per year in the UK, you will take home £24,400 after tax and National Insurance. That's £2,033.30 per month.

Gross Salary
£29,000
per year
Take Home
£24,400
per year
Monthly Net
£2,033.30
per month
Effective Tax
15.9%
tax rate

Below UK Median Salary

£29,000 is below the UK median salary of approximately £35,000. This is a common salary range for entry-level roles and some regions.

  • You're entirely in the basic rate (20%) tax band
  • Pension contributions get 20% tax relief - employer matches are free money
  • Consider salary sacrifice schemes to reduce taxable income
  • Help to Buy ISA or LISA can help save for a home

How £29,000 Compares

UK salary benchmarks for 2025/26

vs UK Median
-17%
£35,000 median
vs UK Mean
-31%
£42,000 mean
Tax Band
20%
Basic rate
Hourly Rate
£14.87
at 37.5 hrs/week

Customise Your Calculation

Your Income

Enter your salary details for 2025/26

£
£
£
0%

Salary sacrifice reduces taxable income

Take Home Pay

£24,399.60/year

84.1% of gross income

  • Gross Income£29,000.00
  • Taxable Income£16,430.00
  • Income Tax-£3,286.00
  • National Insurance-£1,314.40
  • Total Deductions-£4,600.40

15.9%

Effective Rate

20%

Marginal Rate

What £29,000 Affords

Based on £2,033.30/month take-home

Average UK rent (1-bed)
~£900-1,200/month outside London
Affordable
London rent (1-bed zone 2-3)
~£1,600-2,000/month
Challenging
Max mortgage (4.5x)
~£130,500 borrowing capacity
Affordable
Running a car
~£300-500/month total cost
Affordable
Saving 20% of income
£406.66/month
Affordable
Family with 2 children
Childcare adds £1,000-2,000/month
Challenging

Jobs Around £29,000

Typical roles at this salary level

Teacher (early career)
Marketing coordinator
Junior developer
Nurse (Band 5)

£29,000 Salary Breakdown

DescriptionYearlyMonthly
Gross Salary£29,000.00£2,416.67
Personal Allowance£12,570.00£1,047.50
Taxable Income£16,430.00£1,369.17
Income Tax-£3,286.00-£273.83
National Insurance-£1,314.40-£109.53
Total Deductions-£4,600.40-£383.37
Take Home Pay£24,399.60£2,033.30

How is £29,000 Taxed?

On a £29,000 salary, here's how your income is distributed across tax bands:

Personal Allowance
Tax-free income
£12,570
0%
Basic Rate
Taxed at basic rate
£16,430
20%

Understanding Your £29,000 Salary

A £29,000 salary in the UK for the 2025/26 tax year will result in a take-home pay of £24,399.60 per year, or £2,033.30 per month. This salary is below the UK median of £35,000.

Your effective tax rate is 15.9%, meaning for every £1 you earn, you keep approximately £0.84. Your marginal tax rate (the rate on your next £1 earned) is 20%.

This calculation assumes you have a standard Personal Allowance of £12,570, no student loan repayments, and no pension contributions. You can adjust these factors using the calculator above.