£48,700 after tax and NI will result in a £3,022 monthly net salary in 2018, leaving you with £36,264 take home pay in a year. You will pay a total of £7,840 in tax , and you’ll also have to pay £4,596 in National Insurance . Your hourly rate will be £23.43 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£48,700 after tax break-down