£16.10 per hour
Based on an hourly rate of £16.10, your estimated annual take home pay is £26,124 after tax and National Insurance, giving you £13.40 per hour
Yearly | Monthly | Weekly | Daily | |
---|---|---|---|---|
Basic Salary | £31,395.00 | £2,616.25 | £603.75 | £120.75 |
Taxable Income | £18,825.00 | £1,568.75 | £362.02 | £72.40 |
Income Tax | £3,765.00 | £313.75 | £72.40 | £14.48 |
National Insurance | £1,506.00 | £125.50 | £28.96 | £5.79 |
Take Home Pay | £26,124.00 | £2,177.00 | £502.38 | £100.48 |
Calculation Assumptions
To give you an idea of what you'd bring home after taxes, we based our calculations on these assumptions:
- You are an employee, not a company director.
- You don't get paid dividends (a share of company profits).
- Your salary is spread out in equal payments throughout the year.
- You haven't reached retirement age yet and don't receive a state pension.
- You don't pay Scottish income tax (this applies to people in Scotland).
- Your National Insurance (NI) category is A, H & M (this is a standard category for most employees).
- You only pay Class 1 National Insurance (this is paid by most employees).
- Your tax code is likely 1257L, which is typical for someone with one job or pension.
- This information about your take-home pay doesn't include any money going towards a pension.
- You work 37.5 hours per week, 52 weeks per year.
Or enter your hourly rate below
Please enter your amount in pence i.e. £12.21 would be 1221
Disclaimer: Information provided on this site is for illustrative purposes only and does not in any way constitute financial advice. Do not make any major financial decisions without consulting a qualified specialist.