£15 an hour is how much a year?
At 37.5 hours a week, £15 an hour is £29,250 a year before tax, or about £24,580 a year after tax in the UK.
Fewer if you take unpaid time off
Paid at 1.5× your rate
Yearly salary, before tax
£29,250
37.5 hours a week × 52 weeks
Take-home pay after tax
£24,580a year · £2,048 a month
- Take-home£24,580
- Tax and deductions£4,670
Average tax rate 16.0% · £12.60 an hour after tax
What this means
A raise of £1 an hour adds about £1,950 a year before tax, so small raises add up.
Your pay before tax
| Per hour | £15.00 |
| Per day (5-day week) | £112.50 |
| Per week | £562.50 |
| Per month | £2,437.50 |
| Per year | £29,250.00 |
After tax (2026/27)
| Per year | Per month | |
|---|---|---|
| Gross pay | £29,250 | £2,438 |
| Income Tax | -£3,336 | -£278 |
| National Insurance | -£1,334 | -£111 |
| Take-home pay | £24,580 | £2,048 |
Assumptions in this estimate
- Take-home pay assumes a single person with no pension, retirement or other pre-tax deductions.
- Assumes the standard 1257L tax code and a full year in the same job.
- National Insurance is worked out for each pay period; this estimate works it out for the year, which can differ by a few pounds.
- Pension contributions are a percentage of your full salary; some workplace schemes use qualifying earnings (£6,240 to £50,270) instead.
- Marriage Allowance, Blind Person’s Allowance and the High Income Child Benefit Charge are not included.
- You can choose one undergraduate student loan plan (plus a postgraduate loan). With more than one plan, you repay 9% of earnings above the lowest threshold.
- Above £100,000 the figures are your yearly tax bill with the Personal Allowance reduced; on a 1257L code your payslips may take less until HMRC updates your code.
If you work more or fewer hours
| Hours a week | Per week | Per month | Per year |
|---|---|---|---|
| 20 | £300 | £1,300 | £15,600 |
| 30 | £450 | £1,950 | £23,400 |
| 37.5 | £563 | £2,438 | £29,250 |
| 40 | £600 | £2,600 | £31,200 |
| 45 | £675 | £2,925 | £35,100 |
Before tax, at the same rate for every hour (no overtime pay).
£15 an hour after tax
| Year | Month | Week | Hour | |
|---|---|---|---|---|
| Gross pay | £29,250 | £2,438 | £563 | £15.00 |
| Income Tax | -£3,336 | -£278 | -£64 | -£1.71 |
| National Insurance | -£1,334 | -£111 | -£26 | -£0.68 |
| Take-home pay | £24,580 | £2,048 | £473 | £12.60 |
In Scotland, which sets its own income tax rates, £15 an hour takes home £24,619 a year (£40 more).
Assumes the 1257L tax code, no pension contributions or student loan, and rates for England, Wales and Northern Ireland unless stated. Full-time at 37.5 hours a week. Uses 2026/27 tax rules.
Open the full take-home pay calculatorFrequently asked questions
How much is £15 an hour a year?
£29,250 a year before tax, working 37.5 hours a week for 52 weeks (1,950 hours).
How much is £15 an hour a month?
£2,438 a month before tax. Months vary in length, so this is the yearly amount divided by 12.
How much is £15 an hour after tax?
About £24,580 a year, or £2,048 a month, for an employee working 37.5 hours a week in the UK. That's £12.60 an hour after tax.
How much is £15 an hour per week?
£562.50 before tax, or about £472.68 after tax.