£24,000 Salary Take Home Pay
If you earn £24,000 a year, then after your taxes and national insurance you will take home £19,960 a year, or £1,663 per month as a net salary. Based on a 40 hours work-week, your hourly rate will be £11.55 with your £24,000 salary.
Gross Income
£
Monthly net
£1,663
Monthly tax: £192
Monthly NI: £145
Calculations verified by StriveX Accountants on 15 March 2021 at 14:03
Tax Calculator Results For £24,000
<- Scroll left-right ->
| Year | Month | Week | Day | Hour | |
| Gross Wage | £24,000 | £2,000 | £462 | £92.40 | £11.55 |
| Tax | £2,300 | £192 | £44 | £8.80 | £1.10 |
| NI | £1,740 | £145 | £33 | £6.60 | £0.83 |
| Net Wage | £19,960 | £1,663 | £384 | £76.80 | £9.60 |
| Employer's cost | £26,121 | £2,177 | £502 | £100.40 | £12.55 |
| Employer's NI | £2,121 | £177 | £41 | £8.20 | £1.03 |
Tax bands for £24,000
Income Tax Bands
Tax free:
£12,5000%
Earnings in this tax band: £11,500
Tax in this band: £ 2,30020% rate
Earnings in this tax band: £0
Tax in this band: £040% rate
National Insurance Bands
NI free:
£9,5000%
Earnings in this NI band: £14,500
NI in this band: £1,740
12% rate
Earnings in this NI band: £0
NI in this band: £0
2% rate
Payslip simulator for £24,000 salary
<- Scroll left-right ->
Employee No
015
Employee Name
John Smith
Process Date
04/Apr/2021
National Insurance Number
NH000000F
Payments
Salary
Units
173.33
Rate
11.55
Amount
2,000
Deductions
PAYE Tax
National Insurance
Amount
192
145