£15 an Hour Is How Much a Year?

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

£15/hour equals
£29,250/year
before tax · £2,438/month · £563/week
Gross annual salary£29,250
Income tax−£3,336
National Insurance−£1,334
Take-home pay£24,580/year

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

£15 an hour at a glance
PeriodBefore taxAfter tax
Yearly£29,250£24,580
Monthly£2,438£2,048
Weekly£563£473
Daily (5-day week)£113£95
Hourly£15£13

£15 an hour is how much a year?

£15 an hour is £29,250 a year before tax, assuming you work 37.5 hours a week across all 52 weeks of the year (£15 × 37.5 × 52). That's £2,438 a month or £563 a week before any deductions.

After income tax and National Insurance, your take-home pay is about £24,580 a year — roughly £2,048 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 an hour is £29,250 a year (37.5h/week × 52 weeks). After tax and NI you take home about £24,580 a year.
£2,438 a month before tax, or about £2,048 a month after tax and National Insurance.