£47,000 after tax and NI will result in a £2,940 monthly net salary in 2018, leaving you with £35,278 take home pay in a year. You will pay a total of £7,160 in tax , and you’ll also have to pay £4,562 in National Insurance . Your hourly rate will be £22.60 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£47,000 after tax break-down