40K is definitely good enough to support yourself, live relatively comfortably. The tax will take quite a good percentage off that which is quite a pain. I guess it won't be enough to support a family very well if you live in the central London area, or higher investments like buying a house.
Is 60k a good salary UK 2021?
A good rule of thumb in the UK is that if your salary in £k is greater than your age you're doing very well, so yes £60k for a 30 year old is excellent. £60k would be enough to support a family single-handed with a nice house and a good standard of living.
What is a good salary in the UK 2021?
In 2021, the average salary for the UK was £25,971 an increase of 0.3% compared to 2020. Full-time employed males are paid 18.05% more than their female counterparts, averaging £5,109 each year. Average male CEOs make £24,999 more than female CEOs each year, the largest financial discrepancy across all occupations.
Is 70k a good salary UK?
£70K is a great salary for a single person in London. If you have a family, it's also good and you'll be able to have a moderate lifestyle in London.
What is the average salary in the UK 2020?
Characteristic Average earnings in GBP
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2021 31,285
2020 31,487
2019 30,378
2018 29,559
What is a good salary UK?
A net monthly salary between £2,500 and £3,000 is considered a decent salary. This corresponds to the gross annual salary above £40,000. Everyone getting between £3,300 and £4,000 gross per month is a good earner.
What is the average UK monthly salary?
Average Salary in the UK (2022) The average salary in the UK is £29,600 per year (or £1,950 per month).