Take-Home Pay Calculator (with a Sick Pay Twist)
Estimate your net monthly pay and see how it compares to Statutory Sick Pay.
Calculate Your Monthly Take-Home Pay
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Take-home pay calculator guide for UK employees
WeCovr's take-home pay calculator helps UK employees estimate net monthly income and compare it to Statutory Sick Pay, backed by FCA-authorised guidance and 900,000+ policies issued across protection products. It highlights the income gap many households face during illness.
How this take-home pay calculator works
The calculator estimates income tax and National Insurance using illustrative UK bands to provide a net monthly figure. It then compares this with Statutory Sick Pay to show the potential shortfall.
Results are indicative and should be confirmed against official HMRC guidance or payroll.
Uses published tax and NI thresholds as inputs.
Shows monthly net pay and SSP comparison.
Designed for budgeting and protection planning.
Why the sick pay gap matters
Statutory Sick Pay is often far below typical household costs. Many households rely on savings or employer sick pay to bridge the gap during illness.
Income protection insurance can cover a portion of salary if you cannot work.
Why WeCovr links income and protection
WeCovr provides FCA-authorised guidance with high customer satisfaction ratings. We also offer complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance.
Data sources and guidance references
This guide references HMRC tax band guidance, GOV.UK Statutory Sick Pay information, and FCA guidance on protection insurance.
Net pay vs sick pay snapshot
| Income type | Monthly amount | Key factors | Best for |
|---|---|---|---|
| Net salary | Higher | Tax and NI applied | Normal working months |
| SSP | Lower | Fixed statutory rate | Short-term illness |
| Income protection | Varies | Policy terms and deferral | Longer-term cover |
Related WeCovr resources
FAQs
Is this take-home pay calculator accurate for all UK workers?
It provides an indicative estimate based on standard bands. Bonuses, pensions, and benefits can change your actual net pay.
How much is Statutory Sick Pay in the UK?
SSP is set by the UK government and is paid weekly at a fixed rate, subject to eligibility criteria.
Can income protection top up sick pay?
Yes. Income protection can pay a monthly benefit after a deferment period to help cover the gap.
Should I update this estimate each tax year?
Yes. Tax and NI thresholds can change, so update your assumptions annually.