The title expands Future's digital creative portfolio, which includes Digital Camera magazine, Computer Arts, ImagineFX, Photo Plus and online camera portal, Photo Radar.
The launch of Practical Photoshop follows Future's publication of a series of Photoshop-focused bookazines and specials.
Aimed at photographers and creative computer users, Practical Photoshop aims to "demystify" the process of improving digital images with the image-editing software.
The magazine, which launches on 2 June, will be priced £5.99 and will include a cover-mounted DVD featuring video lessons for every technique mentioned in the magazine.
Each issue of the title, which will also be available digitally via Zinio, will include features such as step-by-step guides to all aspects of Photoshop, Q&As with Photoshop experts, tips and techniques, and regular reader challenges.
Matt Pierce, group publisher, said: "Practical Photoshop is a natural fit for our Digital Creative portfolio.
"Our research showed clear consumer appetite for a bigger, better title that helps photographers and creative computer users get more from their favourite software."
Next month Future's new craft title Mollie Makes, which targets a new generation of crafters who "get their inspiration from websites and blogs", is to hit newsstands priced £4.99.