£15.50 an hour is how much a year?
At £15.50 per hour, a full-time job (37.5 hours a week) pays £30,225 a year before tax — and £25,282 after tax and National Insurance in 2026/27.
Gross per year (37.5h)
After tax per year
After tax per month
Net per hour worked
£15.50/hour at different weekly hours
| Hours per week | Weekly | Monthly | Yearly (gross) |
|---|---|---|---|
| 16 hours (part-time) | £248.00 | £1,075 | £12,896 |
| 20 hours (part-time) | £310.00 | £1,343 | £16,120 |
| 37.5 hours (full-time) | £581.25 | £2,519 | £30,225 |
| 40 hours | £620.00 | £2,687 | £32,240 |
Calculations assume 52 paid weeks per year. Contracted hours, overtime and unpaid breaks change the real figure — use the hourly wage calculator for your exact situation.
Take-home at 37.5 hours
| Gross salary | £30,225 |
| Income tax | −£3,531 |
| National Insurance | −£1,412 |
| Take-home per year | £25,282 |
| Per month | £2,107 |
| Per week | £486 |
Effective tax rate: 16.4%
Take-home at 40 hours
| Gross salary | £32,240 |
| Income tax | −£3,934 |
| National Insurance | −£1,574 |
| Take-home per year | £26,732 |
| Per month | £2,228 |
| Per week | £514 |
Working 2.5 extra hours/week adds £1,451 a year after tax.
Frequently asked questions
£15.50 an hour is how much a year in the UK?
Working full-time at 37.5 hours a week, £15.50 an hour is £30,225 a year before tax. On a 40-hour week it's £32,240 a year.
£15.50 an hour is how much a month after tax?
At 37.5 hours/week, £15.50/hour gives a gross annual salary of £30,225, which is £2,107 per month after income tax and National Insurance in 2026/27.
Is £15.50 an hour a good wage in the UK?
£15.50/hour is 22% above the National Living Wage of £12.71. Full-time it's £30,225 a year, below the UK median of roughly £37,000.
What is £15.50 an hour weekly?
£581.25 a week at 37.5 hours, or £620.00 at 40 hours, before tax.