See what a monthly payslip looks like for your salary — gross pay, Income Tax, National Insurance, pension, student loan and year-to-date figures, using official 2026/27 rates.
Updated for the 2026/27 tax year (rates from 6 April 2026).
A payslip shows gross pay, each deduction (Income Tax, National Insurance, pension and student loan), net pay, your tax code, the pay period and year-to-date totals.
A new job often starts on an emergency tax code or a month-1 basis before HMRC issues the correct code. Once the correct cumulative code is applied, any overpaid tax is usually refunded through payroll.
YTD totals add up everything paid and deducted since 6 April. They let you check that your employer has applied the right tax code and that pension and student loan deductions are on track.
Yes. Choose your plan and the payslip adds the 9% (or 6% postgraduate) deduction above the 2026/27 threshold, alongside tax, NI and pension.