£15 an hour is how much a year?
£15 an hour is £29,250 a year on a 37.5-hour week, or £2,438 a month before tax.
- Per year
- £29,250
- Per month
- £2,437.50
- Per week
- £562.50
- Per day (7.5 hours)
- £112.50
£15 an hour after tax
| Item | Per year | Per month | Per week |
|---|---|---|---|
| Gross pay | £29,250 | £2,437.50 | £562.50 |
| Income tax | −£3,336 | −£278.00 | −£64.15 |
| National Insurance | −£1,334 | −£111.20 | −£25.66 |
| Take-home pay | £24,580 | £2,048.30 | £472.68 |
That is about £12.60 an hour after tax. In Scotland take-home pay is £24,619 a year.
£15 an hour on other hours
| Hours a week | Per year | Per month | Take-home per month |
|---|---|---|---|
| 16 hours | £12,480 | £1,040 | £1,040 |
| 20 hours | £15,600 | £1,300 | £1,229 |
| 25 hours | £19,500 | £1,625 | £1,463 |
| 30 hours | £23,400 | £1,950 | £1,697 |
| 35 hours | £27,300 | £2,275 | £1,931 |
| 37.5 hours | £29,250 | £2,438 | £2,048 |
| 40 hours | £31,200 | £2,600 | £2,165 |
| 45 hours | £35,100 | £2,925 | £2,399 |
Key points at £15 an hour
- That is £2.29 an hour above the £12.71 National Living Wage, worth £4,466 a year full time.
- The yearly figure is £15 × 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 £29,000 after tax, with a Scotland comparison and student loan figures.
Check your own figures
The take-home pay calculator is set to £29,250, the full-time salary at £15 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 £15
| Hourly rate | Per year | Take-home per year |
|---|---|---|
| £14.25 an hour | £27,788 | £23,527 |
| £14.50 an hour | £28,275 | £23,878 |
| £14.75 an hour | £28,763 | £24,229 |
| £15 | £29,250 | £24,580 |
| £15.25 an hour | £29,738 | £24,931 |
| £15.50 an hour | £30,225 | £25,282 |
| £15.75 an hour | £30,713 | £25,633 |
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
£15 an hour is how much a year?
£29,250 a year on a 37.5-hour week, or £31,200 a year on 40 hours. That is £2,438 a month before tax.
What is £15 an hour after tax?
About £24,580 a year, or £2,048 a month, after income tax and National Insurance in 2026/27, working 37.5 hours a week in England, Wales or Northern Ireland.
Is £15 an hour above the minimum wage?
Yes. It is £2.29 an hour above the £12.71 National Living Wage for workers aged 21 and over.