London has no income tax of its own, so this ladder is the England model: the UK bands for England, Wales and Northern Ireland — £12,570 personal allowance, 20%, 40% and 45% — plus employee National Insurance. Nothing is added for living in the capital, and nothing is left out at city level, because there is no city layer to leave out.
This page uses the United Kingdom model for England, Wales and Northern Ireland, which is the tax law that applies in London. London has no city or regional income tax, and the Scottish rates do not apply here. One national feature is not modelled: the withdrawal of the personal allowance between £100,000 and £125,140, so the highest rungs understate the tax.
| US$ level | Gross salary | Income tax | Social contributions | Take-home pay | Effective rate | Marginal rate |
|---|---|---|---|---|---|---|
| US$15,000 | £11,500 | £0 | £0 | £11,500 | 0.0% | 20% |
| US$20,000 | £15,000 | £486 | £194 | £14,320 | 4.5% | 20% |
| US$25,000 | £19,000 | £1,286 | £514 | £17,200 | 9.5% | 20% |
| US$30,000 | £22,500 | £1,986 | £794 | £19,720 | 12.4% | 20% |
| US$40,000 | £30,000 | £3,486 | £1,394 | £25,120 | 16.3% | 20% |
| US$50,000 | £37,500 | £4,986 | £1,994 | £30,520 | 18.6% | 20% |
| US$60,000 | £45,000 | £6,486 | £2,594 | £35,920 | 20.2% | 20% |
| US$75,000 | £56,500 | £10,032 | £3,141 | £43,327 | 23.3% | 40% |
| US$100,000 | £75,500 | £17,632 | £3,521 | £54,347 | 28.0% | 40% |
| US$125,000 | £94,000 | £25,032 | £3,891 | £65,077 | 30.8% | 40% |
| US$150,000 | £113,000 | £32,632 | £4,271 | £76,097 | 32.7% | 40% |
| US$200,000 | £150,500 | £48,900 | £5,021 | £96,579 | 35.8% | 45% |
| US$250,000 | £188,000 | £65,775 | £5,771 | £116,454 | 38.1% | 45% |
| US$300,000 | £226,000 | £82,875 | £6,531 | £136,594 | 39.6% | 45% |
Salary levels are the GBP equivalents of the US dollar amounts in the first column, converted at the reference rate snapshot of 28 October 2026 (1 USD = 0.75 GBP) and rounded to the nearest 500. The US$50,000 row is highlighted. On £37,500 a year, take-home pay in London is £30,520 — about £2,543 a month — after £4,986 in income tax and £1,994 in social contributions. Figures model a single employee with standard allowances only.
The ladder turns at £50,270, where the 40% band starts and National Insurance drops from 8% to 2%, so the combined marginal rate moves from 28% to 42%. The first rung (£11,500) pays nothing inside the personal allowance. From £113,000 up, treat the tax as understated: the personal allowance is withdrawn between £100,000 and £125,140 in real life and that taper is not modelled.
Run your own exact salary through the 2026–27 bands, with the tax split band by band.
Open the calculator →The same ladder for United Kingdom as a whole, with the band changes that drive it.
See the country ladder →The same salary under two tax systems at once, at several income levels, with the trade-offs written out.
Compare countries →All 111 countries ranked by take-home pay and tax burden at a given salary.
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