Sterling Calculators
UK guide

Tax on £120,000 Salary UK

If you want to know the tax on a £120,000 salary in the UK, the answer is not one simple percentage. Both the tax bands and National Insurance matter.

Why headline rates mislead

Only the top slice of income is taxed at the highest rate you reach. That is why rough percentage estimates often mislead people.

Common mistakes

What to compare

Compare gross salary, estimated net pay and the effect of pension changes rather than focusing on a single headline rate.

Useful next steps

Run your own scenario and compare one or two alternatives. That usually reveals the real decision much faster than generic advice.