£29.00 an hour is how much a year? (UK 2026/27)

At £29.00 an hour and 37.5 hours a week, you earn £56,550 a year, £43,356 after tax (£3,613 a month take-home) in 2026/27.

£29.00/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£52,780£41,170£3,431
37.5£56,550£43,356£3,613
40£60,320£45,543£3,795
45£67,860£49,916£4,160

£29.00/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£1,087.50£833.78
Month£4,713£3,613
Year£56,550£43,356

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £57,000 after tax.

Overtime and extra hours at £29.00

RatePer hourPer extra weekly hour, per year
Standard (1×)£29.00£1,508
Time and a half (1.5×)£43.50£2,262
Double time (2×)£58.00£3,016

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 £29.00 an hour after tax?

About £22.23 per hour after deductions at 37.5 hours a week, your gross rate of £29.00 minus the average deduction rate at this income.

Is £29.00 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £29.00 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.