Work Calculators

£15 an hour is how much a year?

£15 an hour is £29,250 a year for a 37.5 hour week, before tax: £2,437.50 a month or £562.50 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.

Paid hours, not counting unpaid breaks.

£15.00 an hour for 37.5 hours a week is £29,250.00 a year.

a year, before tax

A year£29,250.00
A month£2,437.50
A week£562.50
A day£112.50
An hour£15.00

That is at least the National Living Wage of £12.71 an hour for people aged 21 and over. Check the rate for your age.

Show the workings
StepSumAnswer
Pay for a year£15.00 a hour × 37.5 hours a week × 52 weeks£29,250.00
A month£29,250.00 ÷ 12£2,437.50
A week£29,250.00 ÷ 52 weeks£562.50
A day£562.50 ÷ 5 days£112.50

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

£15 an hour for different hours

Hours a weekA yearA monthA week
16£12,480£1,040£240
20£15,600£1,300£300
30£23,400£1,950£450
35£27,300£2,275£525
37.5£29,250£2,437.50£562.50
40£31,200£2,600£600

After tax

On £29,250 a year, with tax code 1257L and no student loan or pension, you take home £24,581.40 a year, or £2,048.45 a month, after £3,334.20 Income Tax and £1,334.40 National Insurance. That is £12.61 an hour after tax. £29,000 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. £15 is at or above it. The rates for younger workers and apprentices are on the minimum wage calculator.

Work out something else