£48,500 after tax and NI will result in a £3,012 monthly net salary in 2018, leaving you with £36,148 take home pay in a year. You will pay a total of £7,760 in tax , and you’ll also have to pay £4,592 in National Insurance . Your hourly rate will be £23.33 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£48,500 after tax break-down