KnowMyPay
Bonus tax

What a bonus is worth after tax

A bonus is taxed at your marginal rate, so the same £2,000 leaves a different amount in your account depending on your salary. Each bonus below has its own page with the figure at every salary, the effect on the payslip it lands on, and the pension alternative.

Figures for 2026/27 · England, Wales and Northern Ireland · standard 1257L tax code

Amount kept from a bonus, by salary

Below £50,270 a bonus loses 20% income tax and 8% National Insurance, so you keep 72p in the pound. Above £50,270 you keep 58p, and between £100,000 and £125,140 only 38p, because the personal allowance is withdrawn as well. A bonus that crosses a threshold is taxed partly at each rate.

BonusOn £25,000On £35,000On £60,000On £110,000
£500£360£360£290£190
£1,000£720£720£580£380
£1,500£1,080£1,080£870£570
£2,000£1,440£1,440£1,160£760
£2,500£1,800£1,800£1,450£950
£3,000£2,160£2,160£1,740£1,140
£4,000£2,880£2,880£2,320£1,520
£5,000£3,600£3,600£2,900£1,900
£6,000£4,320£4,320£3,480£2,280
£7,500£5,400£5,400£4,350£2,850
£10,000£7,200£7,200£5,800£3,800
£15,000£10,800£10,800£8,700£5,700
£20,000£14,400£13,738£11,600£8,329
£25,000£18,000£16,638£14,500£10,979
£50,000£32,538£31,138£27,000£24,229

Why the payslip can look worse

PAYE is cumulative, so the month a bonus arrives is taxed as though you earned at that rate for the whole year to date. If that pushes you past a pro-rated threshold, more tax is taken in that month than the year requires, and it comes back through later payslips. National Insurance runs the other way: it is charged per payslip, so a large bonus month can pay 2% rather than 8% on part of the bonus. Each bonus page shows both effects for a bonus paid in October, and the bonus tax calculator gives the figure for any salary, bonus and month. For the full explanation see how much tax do I pay on a bonus?

Information, not financial advice. Figures use the published 2026/27 rates for England, Wales and Northern Ireland and are estimates to help you understand the rules. Check your own circumstances against gov.uk or a payslip before acting on them.