🏴󠁧󠁢󠁷󠁬󠁳󠁿
Wales Income Tax RatesWelsh Rates of Income Tax (WRIT) = same as England. NI collected by HMRC at UK rates. Highest UK wage growth +7.60% in 2025-26.
England equivalent →
Quick Answer — Wales 2026-27

On a £40,000 salary in Wales, take-home pay is £30,720/year (£2,559.97/month) after income tax (£5,086), NI (£2,194) and 5% pension (£2,000). Wales uses the same income tax rates as England. Wales had the UK's highest wage growth at +7.60% in 2025-26 (Adzuna April 2026).

Annual take-home
£30,720
Monthly net
£2,559.97
vs Welsh median
Above
vs UK median
Above
🏴󠁧󠁢󠁷󠁬󠁳󠁿2026-27 HMRC rates · Wales

£40,000 Salary in Wales — Take-Home Pay 2026-27

Annual take-home
£30,720
Monthly net
£2,559.97
Income Tax
−£5,086
Nat. Insurance
−£2,194

Adjust Your Figures

5%

Full Deduction Breakdown

AnnualMonthlyWeekly
Gross salary£40,000£3,333.33£769.23
Income Tax£5,086£423.83£97.81
Nat. Insurance£2,194£182.87£42.20
Pension (5%)£2,000£166.67£38.46
Take-Home Pay£30,720£2,559.97£590.76

Effective tax rate: 18.2% · Weekly net: £590.76 · Hourly (37.5hrs): £15.75

Wales Salary Context

vs Welsh median (£33,400)
+£6,600
£40,000 is £6,600 above the Welsh median salary
vs UK median (£39,039)
+£961
£40,000 is £961 above the UK median salary

Wales had the highest wage growth of any UK region at +7.60% in 2025-26 (Adzuna UK Job Market Report April 2026). The Welsh median full-time salary is £33,400 — below the UK median of £39,039 but the gap is narrowing. Housing costs in Wales are significantly lower than England, particularly London and the South East.

Frequently Asked Questions

Common questions about £40,000 salary take-home pay in Wales 2026-27.

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