GeraJobs / Take-Home Pay / £120,000 / London
£120,000 in London — Real Take-Home 2026/27
Take-home £75,914, and £73,824 after the London Band D council tax of £2,090 — £6,152 a month.
What is your real take-home on £120,000 in London after tax, NI and council tax?
On £120,000 in London (2026/27), take-home is £75,914 after Income Tax and NI; after the London Band D council tax of £2,090, you have £73,824 disposable — £6,152 a month. Sources: HMRC + MHCLG council tax (OGL v3.0).
Gera Real Job Value
Disposable income after tax, NI and London's real Band D council tax on £120,000 — what's actually left to live on. Real HMRC + MHCLG data.
How this is calculated£120,000 in London — breakdown
| Gross salary | £120,000 |
| Income Tax | − £39,675 |
| Employee National Insurance | − £4,411 |
| Take-home pay | £75,914 |
| Band D council tax (London) | − £2,090 |
| Disposable after council tax | £73,824 |
| Average house price (London) | £574,624 |
Gera Take-Home Pay Calculator (2026/27)
Enter your salary and options to see your real take-home after Income Tax, National Insurance, pension, student loan and council tax — using the official HMRC 2026/27 rates and real regional council-tax figures.
- Gross salary
- £120,000
- Income Tax
- − £39,675
- Employee National Insurance
- − £4,411
- Pension
- − £6,000
- Student loan
- − £0
- Council tax (Band D)
- − £2,090
Take-home pay: £69,914 a year (£5,826 a month).
After council tax: £67,824 a year (£5,652 a month).
Uses rest-of-UK Income Tax bands. Scottish taxpayers pay different Income Tax rates (NI is the same UK-wide). A model based on real HMRC 2026/27 rates — not personal tax advice.
Same salary, other regions
£120,000 in London — FAQ
- How much council tax will I pay in London?
- The average Band D council tax in London for 2026-27 is £2,090 a year (about £174 a month), including all precepts. Source: MHCLG Council Tax levels 2026 to 2027 (OGL v3.0). Your exact bill depends on your property band and billing authority.
- What is left after tax, NI and council tax on £120,000 in London?
- £73,824 a year — £6,152 a month — after £39,675 Income Tax, £4,411 NI and £2,090 council tax. Sources: HMRC + MHCLG (OGL v3.0).
- How does the cost of living in London compare?
- The average house price in London is £574,624 (HM Land Registry UKHPI, April 2026). Combined with the Band D council tax of £2,090, this shapes how far your £120,000 salary actually goes. Sources: HM Land Registry + MHCLG (OGL v3.0).
Get the new council tax and tax figures
Council tax and tax thresholds change every April. Save your email and we'll send the updated figures for this region as soon as they're confirmed.
Sources: HMRC — Income Tax + Class 1 employee NI 2026 to 2027; MHCLG — Council Tax levels set by local authorities in England 2026 to 2027 (Band D area, all precepts); HM Land Registry — UK House Price Index (April 2026). Council tax is the regional average; your exact bill depends on your property band and billing authority. All Open Government Licence v3.0. A guide, not personal tax advice.