£42,500 after tax and NI will result in a £2,690 monthly net salary in 2018, leaving you with £32,281 take home pay in a year. You will pay a total of £6,130 in tax , and you’ll also have to pay £4,089 in National Insurance . Your hourly rate will be £20.43 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£42,500 after tax break-down