£48,850 after tax and NI will result in a £3,029 monthly net salary in 2018, leaving you with £36,351 take home pay in a year. You will pay a total of £7,900 in tax , and you’ll also have to pay £4,599 in National Insurance . Your hourly rate will be £23.48 if you’re working 40 hours per week. Scroll down below to see more details about your salary.
£48,850 after tax break-down