What Is Net Salary?
Your salary after all taxes and deductions are removed — the amount you actually receive.
Definition
Net salary is the amount left after income tax, employee social security, pension, health insurance and any other mandatory deductions have been subtracted from gross salary. It is the money that reaches your bank account.
Related calculators
Use these tools to work with net salary in your planning.
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Compare gross income, estimated net pay, employee deductions and employer total cost using manual payroll assumptions.
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See how much money you really have left after rent, utilities and monthly costs are deducted from your salary.
Open Salary After Rent CalculatorOther glossary terms
Gross Salary
Your salary before taxes and deductions are removed.
Read definitionIncome Tax
A tax paid on earned income, deducted from your salary or paid on profit.
Read definitionSocial Security
Compulsory contributions paid by employees and employers to fund public welfare programmes.
Read definitionPension Contribution
Money set aside from your salary into a pension fund for retirement.
Read definition