£15.00 an hour is how much a year? (UK 2026/27)

At £15.00 an hour and 37.5 hours a week, you earn £29,250 a year, £24,580 after tax (£2,048 a month take-home) in 2026/27.

£15.00/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£27,300£23,176£1,931
37.5£29,250£24,580£2,048
40£31,200£25,984£2,165
45£35,100£28,792£2,399

£15.00/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£562.50£472.68
Month£2,438£2,048
Year£29,250£24,580

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £29,000 after tax.

Overtime and extra hours at £15.00

RatePer hourPer extra weekly hour, per year
Standard (1×)£15.00£780
Time and a half (1.5×)£22.50£1,170
Double time (2×)£30.00£1,560

Extra hours are taxed at your marginal rate, not your average rate, so the take-home from overtime is lower than your usual hourly net, but overtime never pushes the tax on your existing pay higher.

Nearby rates

Frequently asked questions

What is £15.00 an hour after tax?

About £12.60 per hour after deductions at 37.5 hours a week, your gross rate of £15.00 minus the average deduction rate at this income.

Is £15.00 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £15.00 is at or above it. For 18 to 20 year olds the minimum is £10.85, for 16 and 17 year olds and apprentices £8.00.

What assumptions do the after-tax figures use?

Tax year 2026/27, England/Wales/NI, tax code 1257L, no student loan or pension. See the UK methodology.

Last updated 2026-11-04.