Convert an hourly rate into a yearly, monthly, weekly or daily salary, or work backwards from a salary to an hourly rate, and see roughly what you take home after Income Tax and National Insurance in 2026/27. At £15 an hour for 37.5 hours a week and 52 paid weeks, you earn £29,250 a year, £2,437.50 a month or £562.50 a week. After £3,336 of Income Tax and £1,334.40 of National Insurance, take-home pay is about £24,579.60 a year, or £2,048.30 a month.
Hourly to Salary Calculator 2026/27
Hourly, daily, weekly, monthly and yearly pay with take-home · Updated 13 October 2026
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- Weekly
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- Daily
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- Hourly
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- Income Tax a year
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- National Insurance a year
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- Take-home a year
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- Take-home a month
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- Take-home a week
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Take-home is an estimate for 2026/27 with one job, tax code 1257L and National Insurance category A, worked out on a yearly basis. It does not include pension contributions, student loan repayments or benefits in kind.
The formulas
- Yearly salary = hourly rate × hours a week × paid weeks a year.
- Monthly pay = yearly salary ÷ 12. Months have different numbers of working days, so salaried staff are paid the same each month.
- Weekly pay = yearly salary ÷ paid weeks a year.
- Hourly rate from a salary = yearly salary ÷ (hours a week × paid weeks a year).
- Daily rate = yearly salary ÷ (days a week × paid weeks a year).
Use 52 weeks if your holiday is paid, which is the case for most employees on a salary or regular hours. Use 46.4 weeks if you are only paid for the weeks you work and receive no holiday pay; 46.4 is 52 minus the 5.6 weeks of statutory holiday.
| Hours a week | Hours a year (52 weeks) | £12.71 an hour | £15 an hour | £20 an hour |
|---|---|---|---|---|
| 35 | 1,820 | £23,132.20 | £27,300 | £36,400 |
| 37.5 | 1,950 | £24,784.50 | £29,250 | £39,000 |
| 40 | 2,080 | £26,436.80 | £31,200 | £41,600 |
Take-home pay in 2026/27
The take-home estimate uses the 2026/27 rates: no Income Tax on the first £12,570 (the Personal Allowance), then 20% up to £50,270 and 40% up to £125,140, with 45% above that. Scottish taxpayers pay the Scottish rates of 19%, 20%, 21%, 42%, 45% and 48%. Employee National Insurance is 8% on earnings between £12,570 and £50,270 and 2% above.
| Pay | Yearly | Income Tax | NI | Take-home a month |
|---|---|---|---|---|
| £12.71 an hour, 37.5 hours | £24,784.50 | £2,442.90 | £977.16 | £1,780.37 |
| £15 an hour, 37.5 hours | £29,250.00 | £3,336.00 | £1,334.40 | £2,048.30 |
| £15 an hour, 37.5 hours, Scotland | £29,250.00 | £3,296.33 | £1,334.40 | £2,051.61 |
| £25 an hour, 40 hours | £52,000.00 | £8,232.00 | £3,050.60 | £3,393.12 |
| £40,000 a year | £40,000.00 | £5,486.00 | £2,194.40 | £2,693.30 |
| £60 an hour, 37.5 hours | £117,000.00 | £37,632.00 | £4,350.60 | £6,251.45 |
Going the other way, a salary of £40,000 for a 37.5-hour week over 52 weeks is £20.51 an hour. A day rate of £120 for a 5-day week is the same as £600 a week, £31,200 a year or £16 an hour on a 37.5-hour week.
Things that change the numbers
- Pension contributions: automatic enrolment and other pension deductions reduce take-home pay; depending on the scheme they also reduce the tax you pay.
- Student loans: repayments are taken through payroll once you earn over your plan's threshold.
- Overtime and shifts: extra hours at a higher rate are not included. Enter your average weekly hours if your hours vary.
- Tax code: a different tax code, for example because of a benefit in kind or underpaid tax, changes the Income Tax.
- Minimum wage: from 1 April 2026 the National Living Wage is £12.71 an hour for workers aged 21 and over. A salary must still work out at no less than this for the hours you actually work.
FAQs
How much is £15 an hour a year in the UK?
£29,250 a year on a 37.5-hour week with 52 paid weeks, or £31,200 on a 40-hour week. After 2026/27 Income Tax and National Insurance, the 37.5-hour figure leaves about £24,579.60 a year.
Should I use 52 weeks or 52.14 weeks?
A year has 52 weeks and one or two extra days, but UK salaries are normally converted using 52 weeks (or 12 months). This calculator uses 52 weeks unless you change it, matching most payslips and job adverts.
Why is my monthly pay different from the hourly rate × hours?
Monthly salaries are the yearly salary divided by 12, so they stay the same each month even though some months have more working days. If you are paid hourly, your monthly pay will move with the number of hours worked in each pay period.
Related calculators
- Take-Home Pay Calculator 2026/27Full payslip with pension and student loan
- Pro Rata Salary CalculatorPart-time pay from a full-time salary
- Minimum Wage Calculator UKThe legal minimum for your age
- Student Loan Repayment CalculatorRepayments taken from your pay
Sources
- GOV.UK: Rates and thresholds for employers 2026 to 2027 · Income Tax bands and National Insurance
- GOV.UK: Income Tax rates and Personal Allowances
- gov.scot: Scottish Income Tax 2026 to 2027
- GOV.UK: Holiday entitlement · 5.6 weeks
- GOV.UK: National Minimum Wage and National Living Wage rates
Figures current as of 13 October 2026
Each formula is checked against a separate test sheet with at least three worked examples. Results are estimates based on the numbers you enter and the published rules; your actual figures may differ. This is general information, not financial or tax advice.
Spotted a mistake? Contact us and we will fix it and update the date above.