£31.50 an hour is how much a year? (UK 2026/27)

At £31.50 an hour and 37.5 hours a week, you earn £61,425 a year, £46,184 after tax (£3,849 a month take-home) in 2026/27.

£31.50/hour by weekly hours

Hours/weekYearly grossAfter taxMonthly take-home
35£57,330£43,809£3,651
37.5£61,425£46,184£3,849
40£65,520£48,559£4,047
45£73,710£53,309£4,442

£31.50/hour by pay period (37.5-hour week)

PeriodGrossAfter tax
Week£1,181.25£888.15
Month£5,119£3,849
Year£61,425£46,184

Set your own hours and paid weeks in the hourly wage calculator, or see the full breakdown for £61,000 after tax.

Overtime and extra hours at £31.50

RatePer hourPer extra weekly hour, per year
Standard (1×)£31.50£1,638
Time and a half (1.5×)£47.25£2,457
Double time (2×)£63.00£3,276

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 £31.50 an hour after tax?

About £23.68 per hour after deductions at 37.5 hours a week, your gross rate of £31.50 minus the average deduction rate at this income.

Is £31.50 an hour above minimum wage?

The National Living Wage (21 and over) is £12.71 an hour from 1 April 2026, so £31.50 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.