£40,000 after tax and NI will result in a £2,548 monthly net salary in 2019, leaving you with £30,581 take home pay in a year. You will pay a total of £5,630 in tax , and you’ll also have to pay £3,789 in National Insurance . Your hourly rate will be £19.23 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£40,000 after tax break-down