£15 an hour is how much a year?

£15 an hour is £29,250 a year for a 37.5-hour week (£2,437.50 a month, £562.50 a week). After tax and National Insurance that is about £2,048.30 a month.
A year
£29,250.00
A month
£2,437.50
A week
£562.50
An hour
£15.00
PeriodPay
Year£29,250.00
Month£2,437.50
Every 4 weeks£2,250.00
Every 2 weeks£1,125.00
Week£562.50
Day (5-day week)£112.50
Hour£15.00

£15 an hour by hours worked

Hours a weekWeeklyMonthlyYearlyTake-home a month
16£240.00£1,040.00£12,480£1,040.00
20£300.00£1,300.00£15,600£1,229.30
25£375.00£1,625.00£19,500£1,463.30
30£450.00£1,950.00£23,400£1,697.30
35£525.00£2,275.00£27,300£1,931.30
37.5£562.50£2,437.50£29,250£2,048.30
40£600.00£2,600.00£31,200£2,165.30
45£675.00£2,925.00£35,100£2,399.30

£15 an hour is £2.29 (18%) above the National Living Wage of £12.71.

£15 an hour after tax

A full-time salary of £29,250 means £3,336.00 Income Tax and £1,334.40 National Insurance in 2026/27, leaving £24,579.60 a year. See the full breakdown for a £29,000 salary.

Overtime at £15 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 £22.50, and double time is £30.00.

Add pension or student loan

Frequently asked questions

How much is £15 an hour a month?
£2,437.50 a month before tax on 37.5 hours a week, or about £2,048.30 after tax and NI.
How much is £15 an hour after tax?
On 37.5 hours a week you take home about £24,579.60 a year (£472.68 a week) in 2026/27, after £3,336.00 Income Tax and £1,334.40 National Insurance.
How much is £15 an hour for 40 hours a week?
£600.00 a week, or £31,200 a year.
Is £15 an hour above minimum wage?
£15 an hour is £2.29 (18%) above the National Living Wage of £12.71.