Your Salary
Salary after tax
Take home pay: £16,264
Income Tax: £1,086
National Insurance: £651
Contribution Rate: 10%
A Yearly salary of £18,001 is approximately £16,264 after tax in the UK for a resident.
Approximately 10% of your salary will be allocated to taxes and National Insurance, equating to £1,086 in tax and £651 in National Insurance.
Numbers based on the UK Taxation Office.
Salary Deductions | Yearly | Monthly | Biweekly | Weekly | Hourly |
---|---|---|---|---|---|
Gross Pay | £18,001 | £1,500 | £692 | £346 | £9 |
Take-home pay | £16,264 | £1,355 | £626 | £313 | £8 |
Income Tax | £1,086 | £91 | £42 | £21 | £1 |
National Insurance | £651 | £54 | £25 | £13 | £0 |
Below are the tax brackets for the UK:
To calculate take-home pay in the UK, subtract the following from your gross salary:
The last tax year started on 6 April 2022 and ended on 5 April 2023.
A salary of £18,001 Yearly equates to approximately £9 per hour gross, and about £8 per hour net, after tax. This number is based on 37 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid.
A salary of £18,001 Yearly equates to approximately £1,500 per month gross, and about £1,355 per month net.
A salary of £18,001 Yearly equates to approximately £346 per week gross, and about £313 per week net.
A salary of £18,001 Yearly equates to approximately £692 biweeky gross, and about £626 biweekly net.