£42,400 after tax and NI will result in a £2,684 monthly net salary in 2018, leaving you with £32,213 take home pay in a year. You will pay a total of £6,110 in tax , and you’ll also have to pay £4,077 in National Insurance . Your hourly rate will be £20.38 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£42,400 after tax break-down