£12.71 an hour is how much a year?
A year before tax
£24,784.50
At £12.71 an hour for 37.5 hours a week, you earn £24,784.50 a year before tax, or £2,065.38 a month.
Calculators
Hourly pay
What an hourly rate comes to a week, a month and a year.
e.g. £15 an hourPro rata
Your salary for part-time hours, and what you take home from it.
£12.71 an hour is the National Living Wage, the legal minimum for workers aged twenty-one and over from April 2026. On a 37.5 hours week it pays £24,784.50 a year before tax, or £2,065.38 a month. Take-home in England is £21,366.24 a year.
| Hours a week | A week | A month | A year |
|---|---|---|---|
| 20 | £254.20 | £1,101.53 | £13,218.40 |
| 35 | £444.85 | £1,927.68 | £23,132.20 |
| 37.5 | £476.63 | £2,065.38 | £24,784.50 |
| 40 | £508.40 | £2,203.07 | £26,436.80 |
| Pay period | England, Wales and Northern Ireland | Scotland |
|---|---|---|
| A year | £21,366.24 | £21,405.91 |
| A month | £1,780.52 | £1,783.83 |
| A week | £410.89 | £411.65 |
The National Living Wage over a year
The government sets the National Living Wage each April. At £12.71, a worker on 37.5 hours earns £476.63 a week. The yearly estimate assumes 52 paid weeks, including paid holiday. Your annual pay depends on your contract and paid weeks.
The rate is per hour, so the yearly pay depends on the contract. On 40 hours a week it comes to £26,436.80. On 20 hours it is £13,218.40, a little over the personal allowance of £12,570. The official rates for every age group are on GOV.UK, and the hourly pay converter works out any other hours.
Tax and National Insurance on the minimum wage
For the assumed hours and paid weeks, a minimum wage worker in England pays £2,441.10 in income tax and £977.16 in National Insurance over the year. Income tax is charged at 20% on pay above the standard tax code's annual PAYE free pay of £12,579. National Insurance is charged at 8% on pay above £12,570.
That leaves £1,780.52 a month to live on. A worker in Scotland on the same hours keeps £21,405.91 a year, because the Scottish starter rate is lower than the basic rate. The salary after tax page for the round figure just above the minimum wage salary shows the same sums in more detail.
Longer hours on the minimum wage
Moving from 37.5 hours to 40 hours adds the same hourly rate for each extra hour, so gross pay rises to £26,436.80 and take-home to £22,555.90. About seven pounds in ten of that extra pay reach the worker, because basic rate tax and National Insurance take the rest.
Questions
Is £12.71 the minimum wage?
Yes. £12.71 an hour is the National Living Wage from April 2026, which applies to workers aged twenty-one and over. Workers under twenty-one and apprentices have lower minimum rates, set out on GOV.UK.
How much is the minimum wage a month?
On a 37.5 hours week, £12.71 an hour is £2,065.38 a month before tax. After income tax and National Insurance in England it is £1,780.52 a month, with no pension deduction.
How much is the minimum wage a year full time?
Assuming 52 paid weeks, it is £24,784.50 a year at 37.5 hours a week and £26,436.80 at 40 hours a week. The take-home figures after tax are £21,366.24 and £22,555.90.
Nearby rates
The main figures assume 37.5 hours a week and 52 paid weeks, including paid holiday. They are whole-year estimates for 2026/27, with category A National Insurance and a tax code based on the allowance available at this income. No pension or student loan is included. Scotland is shown separately from England, Wales and Northern Ireland. The full statutory Personal Allowance is £12,570. The tax code used for this estimate gives £12,579 of annual PAYE free pay, including any reduction in the allowance due to income. Your contract determines your paid hours and weeks. Annual totals and rounded monthly or weekly figures can differ by pennies.