£35,000 Internship Salary After Tax 2025-26

Take-home pay with and without Plan 2 student loan repayments.

Take-home (no loan)
£28,720
Take-home with Plan 2
£28,027
Monthly (no loan)
£2,393
Effective tax rate
17.94%

£35,000 internship — without vs with Plan 2 student loan

Item Without student loan With Plan 2
Gross salary £35,000 £35,000
Income Tax −£4,486 −£4,486
National Insurance −£1,794 −£1,794
Student Loan (Plan 2) −£693
Annual take-home £28,720 £28,027
Monthly take-home £2,393 £2,336

Plan 2 student loan during your internship

Repayment threshold
£27,295
Repayment rate
9%
Monthly repayment
£58
Annual repayment
£693

Student loan repayments are collected automatically through PAYE — they apply whether you are on a permanent contract, internship, or placement. If your internship is shorter than a full year, your actual repayment will be proportionally lower.

Frequently asked questions

Do interns pay Income Tax on a £35,000 salary?

Yes. At £35,000/year, your earnings exceed the £12,570 Personal Allowance. You pay Income Tax of £4,486 at 20% on earnings above £12,570. Tax is deducted automatically through PAYE by your employer.

Do interns pay National Insurance?

Yes. National Insurance applies to all employees on earnings above £12,570/year (£242/week), regardless of whether you are on an internship, a permanent contract, or a temporary placement. On £35,000/year, you pay £1,794 in NI at 8%.

Do I repay student loan during an internship on £35,000?

Yes. Your salary of £35,000 exceeds the Plan 2 threshold of £27,295, so repayments of £693/year (£58/month) are automatically deducted through PAYE. This reduces your take-home from £28,720 to £28,027/year.

What is the take-home for a £35,000 internship after tax?

On a £35,000 internship salary, you take home £28,720/year (£2,393/month, £552/week) without student loan. After Income Tax of £4,486 and NI of £1,794, your effective tax rate is 17.94%.

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Related pages:

All internship salaries Graduate salaries after tax Student Loan Calculator Apprenticeship wages after tax Income Tax Rates