£15.50 an Hour Is How Much a Year?

Based on a 37.5-hour week — with your take-home pay after tax (2025–26)

£15.50/hour equals
£30,225/year
before tax · £2,519/month · £581/week
Gross annual salary£30,225
Income tax−£3,531
National Insurance−£1,412
Take-home pay£25,282/year

After tax that's about £13/hour effective. Standard tax code, no pension or student loan. You keep 84% of your gross.

£15.50 an hour at a glance
PeriodBefore taxAfter tax
Yearly£30,225£25,282
Monthly£2,519£2,107
Weekly£581£486
Daily (5-day week)£116£97
Hourly£15.50£13

£15.50 an hour is how much a year?

£15.50 an hour is £30,225 a year before tax, assuming you work 37.5 hours a week across all 52 weeks of the year (£15.50 × 37.5 × 52). That's £2,519 a month or £581 a week before any deductions.

After income tax and National Insurance, your take-home pay is about £25,282 a year — roughly £2,107 a month, or an effective £13 an hour. This assumes the standard 1257L tax code with no pension contributions or student loan repayments.

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Nearby hourly rates

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Frequently asked questions

£15.50 an hour is £30,225 a year (37.5h/week × 52 weeks). After tax and NI you take home about £25,282 a year.
£2,519 a month before tax, or about £2,107 a month after tax and National Insurance.