Calculator

Bonus tax calculator

Estimate how much of a bonus remains after tax, National Insurance, and student loan deductions.

Uses the MVP methodology assumptions. Review how the figures are modelled.

Bonus after tax

£2,900

Tax cost on bonus

£2,100

Base annual take-home

£42,457

Effective bonus tax rate

£2,100

42%

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FAQ

Is bonus tax different from normal salary tax? Not in the annual model. A bonus is treated as extra taxable earnings in the same year.

Why can payroll withholding feel high? Real payslips can use emergency or period-based withholding that looks different from annual planning models.

Related reading: Bonus tax explained UK

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