£29 an hour a year
On a 37.5-hour week, £29 an hour is £56,550 a year before tax and £3,613 a month after Income Tax and National Insurance.
Before tax
£56,550
a year · £4,713 a month · £1,088 a week
After tax
£3,613
a month · £43,356 a year · £834 a week
37.5 hours a week, paid for 52 weeks (paid holiday included). You keep about £22.23 of each hour.
£29 an hour at different hours
England, Wales and Northern Ireland rates, no pension or student loan.
| Hours a week | A year before tax | A month after tax | A week after tax |
|---|---|---|---|
| 16 | £24,128 | £1,741 | £402 |
| 20 | £30,160 | £2,103 | £485 |
| 25 | £37,700 | £2,555 | £590 |
| 30 | £45,240 | £3,008 | £694 |
| 35 | £52,780 | £3,431 | £792 |
| 37.5 | £56,550 | £3,613 | £834 |
| 40 | £60,320 | £3,795 | £876 |
| 45 | £67,860 | £4,160 | £960 |
The tax on £29 an hour, full-time
- Income Tax: £10,052 a year, £838 a month, after the £12,570 Personal Allowance.
- National Insurance: £3,142 a year, 8% of earnings above £12,570 and 2% above £50,270.
- In Scotland, take-home pay is £3,473 a month — £1,681 a year less, because Scotland sets its own Income Tax bands.
£29 and the minimum wage
£29 is £16.29 an hour more than the National Living Wage of £12.71 — 128% above it, or £31,766 a year on a 37.5-hour week.
| Legal minimum from April 2026 | An hour | A 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 £29 an hour compares
£29 is more than about 77% 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 £29
Median hourly pay excluding overtime, full-time employees, ONS ASHE 2025-provisional.
Questions about £29 an hour
How much is £29 an hour a year?
On a 37.5-hour week, £29 an hour is £56,550 a year before tax (37.5 hours × 52 weeks), £4,713 a month or £1,088 a week.
How much is £29 an hour after tax?
About £43,356 a year, £3,613 a month or £834 a week in the 2026/27 tax year, after £10,052 Income Tax and £3,142 National Insurance — £22.23 for each hour worked. That assumes full-time hours, no pension contributions and no student loan, in England, Wales or Northern Ireland.
Is £29 an hour above the minimum wage?
£29 is £16.29 an hour more than the National Living Wage of £12.71 — 128% above it, or £31,766 a year on a 37.5-hour week.
How much is £29 an hour part-time?
On 20 hours a week it comes to £30,160 a year before tax and £2,103 a month after; on 30 hours, £45,240 a year and £3,008 a month.
Is £29 an hour a good wage in the UK?
£29 is more than about 77% 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.