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2026/27 tax year · HMRC rates

£15 an hour a year

On a 37.5-hour week, £15 an hour is £29,250 a year before tax and £2,048 a month after Income Tax and National Insurance.

Before tax

£29,250

a year · £2,438 a month · £563 a week

After tax

£2,048

a month · £24,580 a year · £473 a week

37.5 hours a week, paid for 52 weeks (paid holiday included). You keep about £12.60 of each hour.

£15 an hour at different hours

England, Wales and Northern Ireland rates, no pension or student loan.

Hours a weekA year before taxA month after taxA week after tax
16 £12,480 £1,040 £240
20 £15,600 £1,229 £284
25 £19,500 £1,463 £338
30 £23,400 £1,697 £392
35 £27,300 £1,931 £446
37.5 £29,250 £2,048 £473
40 £31,200 £2,165 £500
45 £35,100 £2,399 £554

The tax on £15 an hour, full-time

  • Income Tax: £3,336 a year, £278 a month, after the £12,570 Personal Allowance.
  • National Insurance: £1,334 a year, 8% of earnings above £12,570.
  • In Scotland, take-home pay is £2,052 a month — £40 a year more, because Scotland sets its own Income Tax bands.

£15 and the minimum wage

£15 is £2.29 an hour more than the National Living Wage of £12.71 — 18% above it, or £4,466 a year on a 37.5-hour week.

Legal minimum from April 2026An hourA year, 37.5 h/week
National Living Wage (21 and over) £12.71 £24,785
18 to 20 £10.85 £21,158
Under 18 and apprentices £8.00 £15,600

Source: GOV.UK, National Minimum Wage and National Living Wage rates.

How £15 an hour compares

£15 is more than about 26% of full-time employees in the UK earn an hour, excluding overtime. The full-time median is £19.67 an hour. Source: ONS Annual Survey of Hours and Earnings, 2025-provisional.

Jobs where the typical full-time hourly rate is close to £15

Median hourly pay excluding overtime, full-time employees, ONS ASHE 2025-provisional.

Questions about £15 an hour

How much is £15 an hour a year?

On a 37.5-hour week, £15 an hour is £29,250 a year before tax (37.5 hours × 52 weeks), £2,438 a month or £563 a week.

How much is £15 an hour after tax?

About £24,580 a year, £2,048 a month or £473 a week in the 2026/27 tax year, after £3,336 Income Tax and £1,334 National Insurance — £12.60 for each hour worked. That assumes full-time hours, no pension contributions and no student loan, in England, Wales or Northern Ireland.

Is £15 an hour above the minimum wage?

£15 is £2.29 an hour more than the National Living Wage of £12.71 — 18% above it, or £4,466 a year on a 37.5-hour week.

How much is £15 an hour part-time?

On 20 hours a week it comes to £15,600 a year before tax and £1,229 a month after; on 30 hours, £23,400 a year and £1,697 a month.

Is £15 an hour a good wage in the UK?

£15 is more than about 26% of full-time employees in the UK earn an hour, excluding overtime. Source: ONS Annual Survey of Hours and Earnings (2025-provisional). The full-time median is £19.67 an hour.