£12.50 an hour is how much a year?
£12.50 an hour is £24,375 a year on a 37.5-hour week, or £2,031 a month before tax.
- Per year
- £24,375
- Per month
- £2,031.25
- Per week
- £468.75
- Per day (7.5 hours)
- £93.75
£12.50 an hour after tax
| Item | Per year | Per month | Per week |
|---|---|---|---|
| Gross pay | £24,375 | £2,031.25 | £468.75 |
| Income tax | −£2,361 | −£196.75 | −£45.40 |
| National Insurance | −£944 | −£78.70 | −£18.16 |
| Take-home pay | £21,070 | £1,755.80 | £405.18 |
That is about £10.80 an hour after tax. In Scotland take-home pay is £21,109 a year.
£12.50 an hour on other hours
| Hours a week | Per year | Per month | Take-home per month |
|---|---|---|---|
| 16 hours | £10,400 | £867 | £867 |
| 20 hours | £13,000 | £1,083 | £1,073 |
| 25 hours | £16,250 | £1,354 | £1,268 |
| 30 hours | £19,500 | £1,625 | £1,463 |
| 35 hours | £22,750 | £1,896 | £1,658 |
| 37.5 hours | £24,375 | £2,031 | £1,756 |
| 40 hours | £26,000 | £2,167 | £1,853 |
| 45 hours | £29,250 | £2,438 | £2,048 |
Key points at £12.50 an hour
- It is below the £12.71 National Living Wage for workers aged 21 and over. The minimum is £10.85 for 18 to 20 year olds and £8.00 for under-18s and apprentices.
- The yearly figure is £12.50 × 37.5 hours × 52 weeks. Most full-time jobs include 28 days of paid holiday, so you are paid for all 52 weeks.
- The nearest whole salary is £24,000 after tax, with a Scotland comparison and student loan figures.
Check your own figures
The take-home pay calculator is set to £24,375, the full-time salary at £12.50 an hour. Add a pension or change the region.
| Item | Per year | Per month | Per week |
|---|
How we worked this out
2026/27 rates, last checked 29 October 2026. Tax code 1257L, NI category A, no student loan.
Hourly rates near £12.50
| Hourly rate | Per year | Take-home per year |
|---|---|---|
| £11.75 an hour | £22,913 | £20,017 |
| £12 an hour | £23,400 | £20,368 |
| £12.25 an hour | £23,888 | £20,719 |
| £12.50 | £24,375 | £21,070 |
| £12.71 an hour | £24,785 | £21,364 |
| £12.75 an hour | £24,863 | £21,421 |
| £13 an hour | £25,350 | £21,772 |
Assumptions
Paid for 52 weeks a year, tax code 1257L, National Insurance category A, no pension, student loan or overtime. Take-home figures use the 2026/27 rates for England, Wales and Northern Ireland unless stated.
Frequently asked questions
£12.50 an hour is how much a year?
£24,375 a year on a 37.5-hour week, or £26,000 a year on 40 hours. That is £2,031 a month before tax.
What is £12.50 an hour after tax?
About £21,070 a year, or £1,756 a month, after income tax and National Insurance in 2026/27, working 37.5 hours a week in England, Wales or Northern Ireland.
Is £12.50 an hour above the minimum wage?
Not for workers aged 21 or over: the National Living Wage is £12.71 an hour from 1 April 2026. It can be legal for younger workers and apprentices, whose minimum is £10.85 (18 to 20) or £8.00 (under 18 and apprentices).