£42,550 after tax and NI will result in a £2,693 monthly net salary in 2018, leaving you with £32,315 take home pay in a year. You will pay a total of £6,140 in tax , and you’ll also have to pay £4,095 in National Insurance . Your hourly rate will be £20.45 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£42,550 after tax break-down