£16 an hour is how much a year?

£16 an hour is £31,200 a year for a 37.5-hour week (£2,600.00 a month, £600.00 a week). After tax and National Insurance that is about £2,165.30 a month.
A year
£31,200.00
A month
£2,600.00
A week
£600.00
An hour
£16.00
PeriodPay
Year£31,200.00
Month£2,600.00
Every 4 weeks£2,400.00
Every 2 weeks£1,200.00
Week£600.00
Day (5-day week)£120.00
Hour£16.00

£16 an hour by hours worked

Hours a weekWeeklyMonthlyYearlyTake-home a month
16£256.00£1,109.33£13,312£1,092.02
20£320.00£1,386.67£16,640£1,291.70
25£400.00£1,733.33£20,800£1,541.30
30£480.00£2,080.00£24,960£1,790.90
35£560.00£2,426.67£29,120£2,040.50
37.5£600.00£2,600.00£31,200£2,165.30
40£640.00£2,773.33£33,280£2,290.10
45£720.00£3,120.00£37,440£2,539.70

£16 an hour is £3.29 (25.9%) above the National Living Wage of £12.71.

£16 an hour after tax

A full-time salary of £31,200 means £3,726.00 Income Tax and £1,490.40 National Insurance in 2026/27, leaving £25,983.60 a year. See the full breakdown for a £31,000 salary.

Overtime at £16 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 £24.00, and double time is £32.00.

Add pension or student loan

Frequently asked questions

How much is £16 an hour a month?
£2,600.00 a month before tax on 37.5 hours a week, or about £2,165.30 after tax and NI.
How much is £16 an hour after tax?
On 37.5 hours a week you take home about £25,983.60 a year (£499.68 a week) in 2026/27, after £3,726.00 Income Tax and £1,490.40 National Insurance.
How much is £16 an hour for 40 hours a week?
£640.00 a week, or £33,280 a year.
Is £16 an hour above minimum wage?
£16 an hour is £3.29 (25.9%) above the National Living Wage of £12.71.