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£42 Per Hour — Annual Salary & Take Home Pay

£42 per hour is £81,900 per year (based on 37.5 hours/week). In the 2026-27 tax year, after income tax and National Insurance, your take-home pay is £4,838.28 per month or £58,059.4 per year.

If you earn £42 per hour and work a standard 37.5 hours per week, your annual salary is £81,900. Here's what that looks like after tax and National Insurance:

PeriodGrossTake Home
Hourly£42.00£29.77
Daily (7.5h)£315.00£223.31
Weekly (37.5h)£1,575£1,116.53
Monthly£6,825£4,838.28
Annual£81,900£58,059.4

Tax and NI on £81,900

On an annual salary of £81,900, your deductions are:

  • Income tax: £20,192 (£1,682.67/month)
  • National Insurance: £3,648.6 (£304.05/month)
  • Total deductions: £23,840.6 per year
Your effective tax rate is 29.1%.

How £42/hour compares

At £42/hour, you earn 134% more than the UK median hourly rate of ~£17.93/hour. The National Living Wage is £12.21/hour (£23,809.5/year).

Hourly rate comparison

Hourly rateAnnual salaryMonthly take homeAnnual take home
£40£78,000£4,649.78£55,797.4
£41£79,950£4,744.03£56,928.4
£43£83,850£4,932.53£59,190.4
£44£85,800£5,026.78£60,321.4

Related calculations

Frequently asked questions

What is £42 an hour annually?

At £42 per hour working 37.5 hours per week, your annual salary is £81,900 before tax.

How much is £42 an hour after tax?

After income tax and National Insurance, £42/hour gives you £4,838.28 per month or £58,059.4 per year take-home pay in 2026-27.

Is £42 an hour a good wage in the UK?

The National Living Wage for 2025/26 is £12.21/hour. At £42/hour, you earn above the UK median hourly rate of ~£17.93.

How many hours is a full-time week in the UK?

A standard full-time week in the UK is 37.5 hours (7.5 hours per day, 5 days per week). This means 1,950 working hours per year (52 weeks minus statutory holidays). At £42/hour, that's £81,900 per year before tax.

What is the tax-free hourly rate?

With a £12,570 personal allowance and 1,950 working hours, you can earn up to £6.45/hour before paying any income tax. Above that, the basic rate of 20% applies. National Insurance also starts at the same threshold, charged at 8% on earnings between £12,570 and £50,270.

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Calculator inputs

Take-home pay

Monthly take-home£4,838.28
Weekly£1,117
Daily£223

Annual breakdown

Gross salary£81,900
Personal allowance£12,570
Income tax-£20,192.00
Basic rate (20%)-£7,540.00
Higher rate (40%)-£12,652.00
National Insurance-£3,648.60
Take-home pay£58,059

Tax rates

Effective tax rate29.1%
Marginal tax rate42%

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