£21,150 After Tax
If you earn £21,150 salary per year, you will take home £1,502 every month after £144 tax, and £117 national insurance is deducted by your employer from your £1,763 monthly gross salary.
This £1,502 is the sum that you usually see on your payslip, marked as NET PAY.
(includes student loan, pension contributions, and many more).
Your gross hourly rate will be £10.18 if you are working 40 hours per week.
Your total tax liability for the whole year will be £1,730, which means that you'll pay £144 in tax every month.
Apart from tax, you'll also have to pay National Insurance. You'll pay £1,398 National Insurance in the 2020 - 2021 tax year (or £117 per month).
Salary calculations for £21,150 done using the latest official 2020 - 2021 tax rates from HMRC.
Salary
- Gross
- Tax
- NI
- NET
Year
- £21,150
- £1,730
- £1,398
- £18,022
Month
- £1,763
- £144
- £117
- £1,502
Week
- £407
- £33
- £27
- £347
Hour
- £10.18
- £0.83
- £0.68
- £8.68
Salary
- Gross
- Tax
- NI
- NET
Year
- £21,150
- £1,730
- £1,398
- £18,022
Salary
- Gross
- Tax
- NI
- NET
Month
- £1,763
- £144
- £117
- £1,502
Extra info regarding your £21,150 salary
Personal allowance
One important fact about your £21,150 yearly salary is that you have a personal allowance of £12,500 in the tax year 2020 - 2021. Which means that you'll only pay tax on £8,650 of your earnings - the rest is tax free.
Taxable amount
According to our calculations, you'll have a total taxable amount (the part of your salary that is getting taxed) of £8,650 (we extracted your personal allowance from your yearly wage).
(includes student loan, pension contributions, benefits-in-kind, dividends, and many more).
Amount liable for NI
Apart from tax, you'll also have to pay national insurance, which is truly just another form of tax. You won't pay NI on the full amount of your salary - you can earn up to £9,500 a year (or £183 a week) without paying NI. The total amount that qualifies for NI from your salary is £11,650 per year, or £971 / month.