how much take home pay on 35k
You'd only be taxed 40% on Â£3k of the 35k so you'd take home around Â£27k. (Original post by Runninground). If you are employed on a salary of Â£35,000, you have to pay 40% in tax. That means you take home Â£21,000 (Let's ignore other little reductions for the moment).That means you take home less money that someone on a Â£26,500 salary. (Who is taxed 20%, therefore takes home Â£21,200).Who is taxed 20%, therefore takes home Â£21,200) If you are on a salary of Â£34,000 you can't do any over time, because if you do overtime and earn more than Â£371 then you are taxed 40% instead of 20% Dang, I never want a job on Â£34/35k.