£21.70 per hour
Based on an hourly rate of £21.70, your estimated annual take home pay is £33,986 after tax and National Insurance, giving you £17.43 per hour
Yearly | Monthly | Weekly | Daily | |
---|---|---|---|---|
Basic Salary | £42,315.00 | £3,526.25 | £813.75 | £162.75 |
Taxable Income | £29,745.00 | £2,478.75 | £572.02 | £114.40 |
Income Tax | £5,949.00 | £495.75 | £114.40 | £22.88 |
National Insurance | £2,379.60 | £198.30 | £45.76 | £9.15 |
Take Home Pay | £33,986.40 | £2,832.20 | £653.58 | £130.72 |
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.