£16 an hour is how much a year?

£16 an hour is £31,200 a year for a 37.5 hour week, before tax: £2,600 a month or £600 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.

Result

£16.00 an hour for 37.5 hours a week is £31,200.00 a year.

a year, before tax

A year£31,200.00
A month£2,600.00
A week£600.00
A day£120.00
An hour£16.00

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£16.00 a hour × 37.5 hours a week × 52 weeks£31,200.00
A month£31,200.00 ÷ 12£2,600.00
A week£31,200.00 ÷ 52 weeks£600.00
A day£600.00 ÷ 5 days£120.00

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

£16 an hour for different hours

Hours a weekA yearA monthA week
16£13,312£1,109.33£256
20£16,640£1,386.67£320
30£24,960£2,080£480
35£29,120£2,426.67£560
37.5£31,200£2,600£600
40£33,280£2,773.33£640

After tax

On £31,200 a year, with tax code 1257L and no student loan or pension, you take home £25,985.40 a year, or £2,165.45 a month, after £3,724.20 Income Tax and £1,490.40 National Insurance. That is £13.33 an hour after tax. £31,000 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. £16 is at or above it. The rates for younger workers and apprentices are on the minimum wage calculator.

Work out something else