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2025/26 Tax Year

£47,000 Salary - UK Employer Cost

To employ someone on a £47,000 salary in the UK, the total cost to the employer is £54,710 per year. That's +16.4% on top of the gross salary.

Gross Salary
£47,000
employee pay
Total Employer Cost
£54,710
per year
Employer NI
£6,300
15% rate
Employer Pension
£1,410
3% minimum

£47,000 Employment Cost Breakdown

DescriptionYearlyMonthly
Gross Salary£47,000.00£3,916.67
Employer National Insurance (15%)+£6,300.00+£525.00
Employer Pension (3%)+£1,410.00+£117.50
Total Employer Cost£54,710.00£4,559.17

Employer Cost vs Employee Take Home

What the Employer Pays

£54,710

total cost per year

Gross Salary£47,000
Employer NI£6,300
Employer Pension£1,410

What the Employee Gets

£37,360

take home pay per year

Gross Salary£47,000
Income Tax-£6,886
Employee NI-£2,754

The employer pays £17,350 more than what the employee takes home (46% difference)

Adjust Pension Contribution

Employee Salary

Enter the gross salary for 2025/26

£
3%
3% (minimum)15%

Total Employer Cost

What it actually costs to employ someone

£54,710
per year
+16.4% overhead
Gross Salary£47,000
Employer NI (15%)+£6,300
Employer Pension (3%)+£1,410
Total Cost£54,710
£4,559
per month
£210
per working day

Understanding £47,000 Employer Costs

When hiring an employee on a £47,000 salary in the UK for 2025/26, the total cost to the employer is £54,710. This includes the gross salary plus employer National Insurance contributions and pension contributions.

Employer National Insurance is charged at 15% on all earnings above £5,000 per year. For a £47,000 salary, this amounts to £6,300 per year.

The minimum employer pension contribution under auto-enrollment is 3%, which adds £1,410 to the annual cost. Many employers offer higher pension contributions as part of their benefits package.

Compare this to the employee's perspective: see the £47,000 take-home pay calculation.