UK · Final pay
Final pay estimator
Estimate the last payslip after resigning. Combines PILON, unused holiday and any bonus, then applies a flat marginal tax rate by band to give a rough take-home figure. An illustrative estimate, not a payroll-grade calculation.
Final pay estimator
Months of notice your final pay covers (whether worked or PILON).
England, Wales and Northern Ireland rates. Scotland differs.
Estimated take-home (final payslip)
£2,658
From £3,692 gross, after roughly £1,034 of tax and NI (20% income tax + 8% NI applied to the full taxable amount).
| Element | Gross |
|---|---|
| Notice pay / PILON | £3,000 |
| Unused holiday | £692 |
Illustrative estimate. Real deductions depend on your tax code, NI band split, student loan, and pension scheme. Treat this as a rough take-home guide.
Final figures may vary. This is a rough take-home guide for the payslip following resignation, not a payroll-grade calculation.
How this is calculated
PILON: monthly salary × notice months. Holiday: (monthly salary × 12 ÷ 52 ÷ 5) × unused holiday days, assuming a 5-day working week. Bonus: included gross as provided. These are summed for total gross.
Tax: a flat marginal rate is applied to the gross based on your selected band. Basic rate is 20% income tax + 8% NI. Higher is 40% + 2%. Additional is 45% + 2%. The result is a rough net figure; real payroll uses your tax code, your NI band split, and any other deductions, so the actual figure on your payslip will vary.
Worked example
Sarah is on £3,000 gross per month, has a 1-month notice period being paid as PILON, has 5 days of unused holiday, and no bonus. She’s a basic-rate taxpayer. PILON: £3,000. Daily rate: £3,000 × 12 ÷ 52 ÷ 5 = £138.46. Holiday: £692. Gross: £3,692. Estimated deductions: £1,034 (28%). Estimated take-home: £2,658.
What this estimator doesn’t include
Statutory redundancy pay (tax-free up to £30,000); ex-gratia settlement amounts; pension contributions or salary sacrifice; student loan repayments; the personal allowance taper above £100k; the NI band split at £50,270; Scottish income tax bands. For redundancy-specific calculations, use the redundancy tax estimator or the settlement agreement calculator.
Related calculators and guides
- PILON calculator
- Holiday entitlement calculator
- Redundancy tax estimator
- Final pay after redundancy
- PILON explained
- What happens to unused holiday pay
- Financial planning hub
Frequently asked questions
- What will my last payslip be after resigning?
- Typically: your salary up to the last working day, plus PILON for any unworked notice, plus any unused holiday paid out, plus any contractual bonus earned. Less PAYE income tax and employee National Insurance at your marginal rate. The estimator gives an illustrative net figure.
- Is the final pay estimator HMRC-accurate?
- No. The estimator uses flat marginal rates (income tax + NI) based on the tax band you select. It doesn't model the personal allowance taper above £100k, student loan repayments, pension contributions, or the £50,270 NI band split. Treat it as a rough take-home guide.
- When will I receive my final pay?
- On the next normal payday after your last working day. Most UK employers pay monthly on a fixed date, so depending on when in the cycle you leave, the wait can be up to a month. PILON, holiday and salary are typically all in that single payslip.
- Does this work for redundancy?
- Partly. The PILON and holiday lines work the same way for redundancy. But redundancy also includes statutory redundancy pay (often tax-free up to £30,000), which this estimator doesn't model. Use the redundancy tax estimator for the redundancy-specific tax view.
Illustrative estimate only. Real take-home depends on your tax code and full tax position; treat this as a guide, not a payslip.