£12.50 an hour is how much a year?
£12.50 an hour is £24,375 a year for a 37.5 hour week, before tax: £2,031.25 a month or £468.75 a week.
Pay before tax over 52 weeks. Take-home pay uses HMRC's 2026 to 2027 rates for England, Wales and Northern Ireland, checked 13 November 2026.
Result
£12.50 an hour for 37.5 hours a week is £24,375.00 a year.
a year, before tax
| A year | £24,375.00 |
|---|---|
| A month | £2,031.25 |
| A week | £468.75 |
| A day | £93.75 |
| An hour | £12.50 |
That is below the National Living Wage of £12.71 an hour for people aged 21 and over. Check the rate for your age.
Show the workings
| Step | Sum | Answer |
|---|---|---|
| Pay for a year | £12.50 a hour × 37.5 hours a week × 52 weeks | £24,375.00 |
| A month | £24,375.00 ÷ 12 | £2,031.25 |
| A week | £24,375.00 ÷ 52 weeks | £468.75 |
| A day | £468.75 ÷ 5 days | £93.75 |
What this leaves out or assumes
- A year is 52 weeks, the usual way to convert pay. A month is a twelfth of a year.
- These are amounts before tax and National Insurance.
Where the figures come from
- Minimum hourly wage, aged 21 and over (National Living Wage): £12.71 an hour. Source: GOV.UK: National Minimum Wage and National Living Wage rates. Checked 13 November 2026.
£12.50 an hour for different hours
| Hours a week | A year | A month | A week |
|---|---|---|---|
| 16 | £10,400 | £866.67 | £200 |
| 20 | £13,000 | £1,083.33 | £250 |
| 30 | £19,500 | £1,625 | £375 |
| 35 | £22,750 | £1,895.83 | £437.50 |
| 37.5 | £24,375 | £2,031.25 | £468.75 |
| 40 | £26,000 | £2,166.67 | £500 |
After tax
On £24,375 a year, with tax code 1257L and no student loan or pension, you take home £21,071.40 a year, or £1,755.95 a month, after £2,359.20 Income Tax and £944.40 National Insurance. That is £10.81 an hour after tax. £24,000 after tax breaks it down further, and the take-home pay calculator works out your own.
Against the minimum wage
From 1 April 2026 the National Living Wage for people aged 21 and over is £12.71 an hour. £12.50 is below it. The rates for younger workers and apprentices are on the minimum wage calculator.