What Does £21000 (21k) Look Like After Tax?
On a £21000 salary, here's how your income breaks down after tax and National Insurance contributions:
|
Weekly |
Monthly |
Yearly |
Income Tax |
£32.42 |
£140.50 |
£1,686.00 |
National Insurance |
£26.38 |
£114.32 |
£1,371.84 |
Take Home Pay |
£345.04 |
£1,495.18 |
£17,942.16 |
How Tax Impacts Your £21000 Salary
With a £21000 salary (or 21k), understanding how income tax and national insurance contributions affect your net income is crucial for financial planning. Here's a clear breakdown of these deductions:
Income Tax: In the UK, the income tax rate is progressive, meaning the rate increases as your income does. For a salary of £21000, you fall into the Basic rate tax band (20%).
National Insurance: These contributions are paid by workers and employers to fund various state benefits. No charges are made on the first £9,568 of your yearly earnings. A 12% rate is applied to earnings between £9,569 and £50,270. Any remaining earnings above £50,270 are taxed at a rate of 2%.
The 2% National Insurance rate on earnings above £50,270 only applies to Class 1 National Insurance contributions. There are other types of National Insurance contributions, such as Class 2 and Class 4, which have different rates.
Learn more
Please note: For simplicity, this calculator assumes the Category A of
Employee National Insurance rates.
Take Home Pay: On a £21000 salary, your take home pay will be £17,942.16 after tax and National Insurance. This equates to £1,495.18 per month and £345.04 per week. If you work 5 days per week, this is £69.01 per day, or £8.63 per hour at 40 hours per week.
Check Out Similar Salaries
If you're considering a job offer or planning a salary negotiation, it might be helpful to look at the tax implications of similar salaries: