Your Salary
Based on 37 hours of work per week.
Salary after tax
Take home pay: £29
Income Tax: £10
National Insurance: £3
Contribution Rate: 31%
A Hourly salary of £42 is approximately £29 after tax in the UK for a resident.
Approximately 31% of your salary will be allocated to taxes and National Insurance, equating to £10 in tax and £3 in National Insurance.
Numbers based on the UK Taxation Office.
| Salary Deductions | Yearly | Monthly | Biweekly | Weekly | Hourly |
|---|---|---|---|---|---|
| Gross Pay | £80,808 | £6,734 | £3,108 | £1,554 | £42 |
| Take-home pay | £55,919 | £4,660 | £2,151 | £1,075 | £29 |
| Income Tax | £19,755 | £1,646 | £760 | £380 | £10 |
| National Insurance | £5,134 | £428 | £197 | £99 | £3 |
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 £42 Hourly equates to approximately £80,808 per year gross, and about £55,919 per year net.
A salary of £42 Hourly equates to approximately £6,734 per month gross, and about £4,660 per month net.
A salary of £42 Hourly equates to approximately £1,554 per week gross, and about £1,075 per week net.
A salary of £42 Hourly equates to approximately £3,108 biweeky gross, and about £2,151 biweekly net.
