£16 an hour is how much a year?
£16 an hour is £31,200 a year on a 37.5-hour week, or £2,600 a month before tax.
- Per year
- £31,200
- Per month
- £2,600.00
- Per week
- £600.00
- Per day (7.5 hours)
- £120.00
£16 an hour after tax
| Item | Per year | Per month | Per week |
|---|---|---|---|
| Gross pay | £31,200 | £2,600.00 | £600.00 |
| Income tax | −£3,726 | −£310.50 | −£71.65 |
| National Insurance | −£1,490 | −£124.20 | −£28.66 |
| Take-home pay | £25,984 | £2,165.30 | £499.68 |
That is about £13.32 an hour after tax. In Scotland take-home pay is £26,007 a year.
£16 an hour on other hours
| Hours a week | Per year | Per month | Take-home per month |
|---|---|---|---|
| 16 hours | £13,312 | £1,109 | £1,092 |
| 20 hours | £16,640 | £1,387 | £1,292 |
| 25 hours | £20,800 | £1,733 | £1,541 |
| 30 hours | £24,960 | £2,080 | £1,791 |
| 35 hours | £29,120 | £2,427 | £2,041 |
| 37.5 hours | £31,200 | £2,600 | £2,165 |
| 40 hours | £33,280 | £2,773 | £2,290 |
| 45 hours | £37,440 | £3,120 | £2,540 |
Key points at £16 an hour
- That is £3.29 an hour above the £12.71 National Living Wage, worth £6,416 a year full time.
- The yearly figure is £16 × 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 £31,000 after tax, with a Scotland comparison and student loan figures.
Check your own figures
The take-home pay calculator is set to £31,200, the full-time salary at £16 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 £16
| Hourly rate | Per year | Take-home per year |
|---|---|---|
| £15.25 an hour | £29,738 | £24,931 |
| £15.50 an hour | £30,225 | £25,282 |
| £15.75 an hour | £30,713 | £25,633 |
| £16 | £31,200 | £25,984 |
| £16.25 an hour | £31,688 | £26,335 |
| £16.50 an hour | £32,175 | £26,686 |
| £16.75 an hour | £32,663 | £27,037 |
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
£16 an hour is how much a year?
£31,200 a year on a 37.5-hour week, or £33,280 a year on 40 hours. That is £2,600 a month before tax.
What is £16 an hour after tax?
About £25,984 a year, or £2,165 a month, after income tax and National Insurance in 2026/27, working 37.5 hours a week in England, Wales or Northern Ireland.
Is £16 an hour above the minimum wage?
Yes. It is £3.29 an hour above the £12.71 National Living Wage for workers aged 21 and over.