£23.00 an hour is how much a year? (UK 2026/27)

At £23.00 an hour and 37.5 hours a week, you earn £44,850 a year, £35,812 after tax (£2,984 a month take-home) in 2026/27.

£23.00/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£41,860£33,659£2,805
37.5£44,850£35,812£2,984
40£47,840£37,964£3,164
45£53,820£41,773£3,481

£23.00/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£862.50£688.68
Month£3,738£2,984
Year£44,850£35,812

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £45,000 after tax.

Overtime and extra hours at £23.00

RatePer hourPer extra weekly hour, per year
Standard (1×)£23.00£1,196
Time and a half (1.5×)£34.50£1,794
Double time (2×)£46.00£2,392

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 £23.00 an hour after tax?

About £18.36 per hour after deductions at 37.5 hours a week, your gross rate of £23.00 minus the average deduction rate at this income.

Is £23.00 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £23.00 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.