Answers · UK 2025/26

What is £15 an hour as an annual salary and take-home pay in the UK?

On a standard 37.5-hour week, £15 an hour works out to a £29,250 annual salary. For 2026/27, that gives take-home pay of £24,579.60 a year after £3,336 Income Tax and £1,334.40 National Insurance -- about £2,048.30 a month.

Last updated: 3 July 2026Last reviewed: 3 July 2026How we verify

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Converting an hourly rate to an annual salary depends on your contracted weekly hours -- this example uses a common full-time working week of 37.5 hours. At £15 an hour: £15 x 37.5 hours x 52 weeks = £29,250 a year. On this salary for 2026/27: taxable income after the £12,570 Personal Allowance is £16,680, taxed entirely at the 20% basic rate, giving £3,336 Income Tax. National Insurance is 8% of £16,680 = £1,334.40. Combined deductions of £4,670.40 leave £24,579.60 take-home a year, around £2,048.30 a month or £472.68 a week. Note that £15 an hour in 2026/27 is well above the National Living Wage of £12.71 an hour for workers aged 21 and over, so this reflects a role paying meaningfully above minimum wage. If your contracted hours are 40 a week instead of 37.5, the same hourly rate produces a higher annual salary of £31,200 -- always check your actual contracted hours (not including unpaid breaks) when converting an hourly rate to an annual figure, as this materially changes both the gross salary and the resulting take-home pay.