£15.50 an hour is how much a year?
£15.50 an hour is £30,225 a year for a 37.5-hour week (£2,518.75 a month, £581.25 a week). After tax and National Insurance that is about £2,106.80 a month.
- A year
- £30,225.00
- A month
- £2,518.75
- A week
- £581.25
- An hour
- £15.50
| Period | Pay |
|---|---|
| Year | £30,225.00 |
| Month | £2,518.75 |
| Every 4 weeks | £2,325.00 |
| Every 2 weeks | £1,162.50 |
| Week | £581.25 |
| Day (5-day week) | £116.25 |
| Hour | £15.50 |
£15.50 an hour by hours worked
| Hours a week | Weekly | Monthly | Yearly | Take-home a month |
|---|---|---|---|---|
| 16 | £248.00 | £1,074.67 | £12,896 | £1,067.06 |
| 20 | £310.00 | £1,343.33 | £16,120 | £1,260.50 |
| 25 | £387.50 | £1,679.17 | £20,150 | £1,502.30 |
| 30 | £465.00 | £2,015.00 | £24,180 | £1,744.10 |
| 35 | £542.50 | £2,350.83 | £28,210 | £1,985.90 |
| 37.5 | £581.25 | £2,518.75 | £30,225 | £2,106.80 |
| 40 | £620.00 | £2,686.67 | £32,240 | £2,227.70 |
| 45 | £697.50 | £3,022.50 | £36,270 | £2,469.50 |
£15.50 an hour is £2.79 (22%) above the National Living Wage of £12.71.
£15.50 an hour after tax
A full-time salary of £30,225 means £3,531.00 Income Tax and £1,412.40 National Insurance in 2026/27, leaving £25,281.60 a year. See the full breakdown for a £30,000 salary.
Overtime at £15.50 an hour
If your employer pays time and a half (not a legal requirement in the UK, so check your contract), each overtime hour is worth £23.25, and double time is £31.00.
Other hourly rates
- £13.50 an hour£26,325 a year
- £14 an hour£27,300 a year
- £14.50 an hour£28,275 a year
- £15 an hour£29,250 a year
- £16 an hour£31,200 a year
- £16.50 an hour£32,175 a year
- £17 an hour£33,150 a year
- £17.50 an hour£34,125 a year
Frequently asked questions
How much is £15.50 an hour a month?
£2,518.75 a month before tax on 37.5 hours a week, or about £2,106.80 after tax and NI.
How much is £15.50 an hour after tax?
On 37.5 hours a week you take home about £25,281.60 a year (£486.18 a week) in 2026/27, after £3,531.00 Income Tax and £1,412.40 National Insurance.
How much is £15.50 an hour for 40 hours a week?
£620.00 a week, or £32,240 a year.
Is £15.50 an hour above minimum wage?
£15.50 an hour is £2.79 (22%) above the National Living Wage of £12.71.