The reed.co.uk Tax Calculator calculates how much Income Tax (also known as PAYE) and National Insurance (NI) will be taken from your salary per week, per month and per year. Enter your salary below to view tax deductions and take home pay, and figure out exactly how much money you're left with at the end of the month.
|Take home pay||£37,662.16||£3,138.51||£724.27|
On a £50,000 salary, your take home pay will be £37,662.16 after tax and National Insurance. This equates to £3,138.51 per month and £724.27 per week. If you work 5 days per week, this is £144.85 per day, or £18.11 per hour at 40 hours per week.