£18.50 an hour is how much a year? (UK 2026/27)

At £18.50 an hour and 37.5 hours a week, you earn £36,075 a year, £29,494 after tax (£2,458 a month take-home) in 2026/27.

£18.50/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£33,670£27,762£2,314
37.5£36,075£29,494£2,458
40£38,480£31,225£2,602
45£43,290£34,688£2,891

£18.50/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£693.75£567.18
Month£3,006£2,458
Year£36,075£29,494

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £36,000 after tax.

Overtime and extra hours at £18.50

RatePer hourPer extra weekly hour, per year
Standard (1×)£18.50£962
Time and a half (1.5×)£27.75£1,443
Double time (2×)£37.00£1,924

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 £18.50 an hour after tax?

About £15.12 per hour after deductions at 37.5 hours a week, your gross rate of £18.50 minus the average deduction rate at this income.

Is £18.50 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £18.50 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.