Answers · UK 2025/26

What is £24 an hour as an annual salary and take-home pay in the UK?

On a standard 37.5-hour week, £24 an hour works out to a £46,800 annual salary. For 2026/27, that gives take-home pay of £37,215.60 a year after £6,846.00 Income Tax and £2,738.40 National Insurance -- about £3,101.30 a month.

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

Full answer

Using a standard full-time working week of 37.5 hours, £24 an hour converts to an annual salary of £24 x 37.5 x 52 = £46,800. On this salary for 2026/27: taxable income after the £12,570 Personal Allowance is £34,230, all within the 20% basic rate band (the higher-rate threshold of £50,270 is not reached), giving £6,846.00 Income Tax. National Insurance is 8% of £34,230 (all within the main rate band), coming to £2,738.40. Combined deductions of £9,584.40 leave £37,215.60 take-home a year, around £3,101.30 a month or £715.68 a week. This salary sits close to the £50,270 higher-rate threshold, so a small increase in hours or rate could push part of your income into the 40% higher rate band. Contractors and freelancers quoting a day rate can use a similar conversion: a day rate roughly equivalent to this hourly rate (around £180 to £189 a day for a 7.5-hour day) would produce a comparable annual figure before accounting for the different tax treatment that applies to self-employed or umbrella company workers.