Answers · UK 2025/26

What is the take-home pay for an insurance broker in the UK?

A UK insurance broker typically earns around £38,000 a year, often with commission on top. On a £38,000 base salary in 2026/27, take-home pay after £5,086 Income Tax and £2,034.40 National Insurance is £30,879.60 a year, or about £2,573.30 a month.

Last updated: 3 July 2026Last reviewed: 3 July 2026How we verify

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Insurance brokers in the UK typically earn a base salary of £28,000 to £45,000, frequently supplemented by commission or bonus payments tied to new business and renewals, which can add a substantial amount on top of the base figure. On a representative base salary of £38,000 for 2026/27, the tax-free Personal Allowance covers the first £12,570, and the remaining £25,430 is taxed at the 20% basic rate, giving £5,086 Income Tax. National Insurance is 8% of the same £25,430, giving £2,034.40. Total deductions of £7,120.40 leave take-home pay of £30,879.60 a year, around £2,573.30 a month, before any commission. Commission payments are taxed as ordinary employment income through PAYE in the period they are paid, so a large commission payment in one month can push that month's marginal tax rate higher temporarily, even though the annual tax calculation evens this out over the full year. Brokers who become high earners through commission -- particularly those crossing £50,270 into the 40% higher rate band, or £100,000 where the Personal Allowance begins to taper -- should consider pension contributions or other tax-efficient arrangements to manage the impact of variable, commission-driven income on their overall tax position.