Within the NHS, Band 8B positions not only offer a diverse range of roles but also competitive NHS Band 8B Net Pay. Clinical Lead positions
within this band may include esteemed roles such as Lead Pharmacists, Principal
Psychologists, and Clinical Psychologists, among others. Moreover, non-clinical positions at this
level encompass various responsibilities, including leadership roles such as Head of Information
Technology, Finance and Business Manager, Quality Assurance Manager, Directorate Manager,
Head of Clinical Effectiveness, Performance Manager, and Outpatient Transformation Leads,
among other noteworthy roles. These positions highlight the breadth and significance of Band
8B roles within the NHS, catering to both clinical and non-clinical domains.
Band 8B – 1st Pay Point
(£58,972 per annum)
Effective from 1st April 2023, incorporating the proposed 5% NHS pay rise, the annual salary for
individuals occupying a Band 8B position at the 1st pay point will amount to £58,972, which will reflect in your NHS Band 8B Net Pay. This
equates to a monthly pre-deduction income of £4,914.33. In adherence to the applicable NHS
pay scale, individuals within this pay point are required to contribute £391.43 per month towards
National Insurance, £614.29 per month towards NHS Pension, and £672.68 per month towards
income tax. Consequently, their net take-home pay is determined to be £3,235.93 per month,
considering the aforementioned deductions.
“As a result of the 5% pay rise implemented by the NHS, the pay point for Band 8B has witnessed an increment from £56,164 to £58,972 per annum. This translates to a substantial overall increase of £2,808 annually, equivalent to an additional £0.234 per month. Effective from 1st April 2023, following the aforementioned pay adjustment, individuals in this pay point can anticipate a new net take-home pay of £3,236 per month, showcasing an augmented amount of £118.15 owing to the NHS 5% pay rise.”
| Detail | Amount in pounds (£) |
|---|---|
| Yearly Salary | £58,972 |
| Monthly Gross Salary | £4,914.33 |
| Pension from Oct ’22 | £614.29 |
| National Insurance Deduction | £391.43 |
| Tax Deduction | £672.68 |
| Monthly Net Pay after all deductions | £3,235.93 |
The pension rate of 12.5% applies to earnings falling within the range of £56,164 to £72,030.99
per year. In terms of Income Tax, a rate of 20% is applicable to earnings between £12,570 and
£50,270 annually, while a 40% tax rate is imposed on earnings ranging from £50,270 to
£125,140. As for National Insurance (NI), a rate of 12% is levied on monthly earnings between
£1,048.01 and £4,189, whereas a 2% rate is applicable to earnings exceeding £4,189 per
month. These rates form the basis of calculations for the 2023/2024 NHS Pension, National
Insurance, and Income Tax, providing a comprehensive framework for financial considerations.
“NHS employees receive a net pay, or take-home pay, that constitutes 66% of their total salary. In other words, for every £1 earned, they keep 66 pence and have 34 pence deducted. This percentage reflects the portion of their salary that is retained after taxes, and pension contributions, and other deductions have been accounted for.”
In the event of a promotion or upward movement within Band 8B, transitioning from the 1st pay
point to the 2nd and final pay point, an individual would experience a significant increase in
earnings. Specifically, their monthly income would rise by an additional £402.02 after all
deductions have been taken into account, resulting in a cumulative increase of £796.08. This
upward progression reflects the rewards and recognition associated with advancing within the
Band structure and demonstrates the potential for enhanced financial stability and professional
growth.
Band 8B – 2nd & Final Pay Point
(£68,525 per annum)
Effective from the 1st of April 2023, in alignment with the 5% NHS pay rise, individuals
occupying the 2nd and final pay point of Band 8B will witness an increase in their annual salary
to £68,525, which will have implications for your NHS Band 8B Net Pay. Prior to deductions, this equates to a monthly income of £5,710.42. Deductions include £407.35 for National Insurance contributions, £713.80 for NHS Pension contributions,
and £951.31 for income tax. Consequently, the net take-home pay for individuals at this NHS
pay point will amount to £3,637.95 per month.
“With the implementation of the 5% NHS pay rise, the pay point for Band 8B has been elevated from £65,262 to £68,525 per year. This represents a substantial increase of £3,263 annually or £0.272 per month. Consequently, starting from the 1st of April 2023, individuals at this pay point can expect a revised net take-home pay of £3,638 per month, signifying an additional £137.30 per month as a direct result of the NHS 5% pay rise.”
| Detail | Amount in pounds (£) |
|---|---|
| Yearly Salary | £68,525 |
| Monthly Gross Salary | £5,710.42 |
| Pension from Oct ’22 | £713.80 |
| National Insurance Deduction | £407.35 |
| Tax Deduction | £951.31 |
| Monthly Net Pay after all deductions | £3,637.95 |
For individuals earning between £56,164 and £72,030.99 annually, a pension rate of 12.5% is
applicable. This means that a portion of their earnings will be deducted to contribute towards
their pension fund. Regarding income tax, the rates are as follows: a 20% tax rate is imposed on
earnings falling between £12,570 and £50,270 per year, while a higher rate of 40% applies to
earnings between £50,270 and £125,140. As for National Insurance (NI), a 12% rate is applied
to monthly earnings ranging from £1,048.01 to £4,189, while any earnings exceeding £4,189 are
subject to a 2% NI rate.
“When considering NHS net pay, which refers to the take-home pay after deductions, it accounts for approximately 64% of the total salary. In other words, for every £1 earned, approximately 64 pence is retained by the individual, while around 36 pence is deducted for various contributions and taxes.”
In the event that an individual within this salary band is promoted or moves up from a Band 8B at the 2nd & final pay point to Band 8C at the 1st pay point, they would experience an increase in earnings. Specifically, their monthly income would rise by an additional £79.62 after all necessary deductions, resulting in a total cumulative increase of £157.67.
Important Note
Tax calculations are performed after deducting pension contributions. This arrangement implies
that an individual’s earnings, once pension contributions are accounted for, may fall below the
threshold for being categorized in the 20%, 40%, or 45% tax brackets.
It is important to note that all calculations provided are based on the current 2023/2024 NHS
Pension, National Insurance, and Income Tax rates. For more official information on NHS pay scales and contributions, you can visit the UK Government’s NHS Pay Review Body reports.
