£24.00 an hour is how much a year? (UK 2026/27)

At £24.00 an hour and 37.5 hours a week, you earn £46,800 a year, £37,216 after tax (£3,101 a month take-home) in 2026/27.

£24.00/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£43,680£34,969£2,914
37.5£46,800£37,216£3,101
40£49,920£39,462£3,289
45£56,160£43,130£3,594

£24.00/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£900.00£715.68
Month£3,900£3,101
Year£46,800£37,216

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £47,000 after tax.

Overtime and extra hours at £24.00

RatePer hourPer extra weekly hour, per year
Standard (1×)£24.00£1,248
Time and a half (1.5×)£36.00£1,872
Double time (2×)£48.00£2,496

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 £24.00 an hour after tax?

About £19.08 per hour after deductions at 37.5 hours a week, your gross rate of £24.00 minus the average deduction rate at this income.

Is £24.00 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £24.00 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.