£15 an hour is how much a year?
A year before tax
£29,250
At £15 an hour for 37.5 hours a week, you earn £29,250 a year before tax, or £2,437.50 a month.
A job paying £15 an hour for 37.5 hours a week comes to £29,250 a year before tax. Each month that is £2,437.50, and each week £562.50. Once income tax and National Insurance are paid, a worker in England keeps £24,581.40 a year, or £2,048.45 a month.
| Hours a week | A week | A month | A year |
|---|---|---|---|
| 20 | £300.00 | £1,300.00 | £15,600.00 |
| 35 | £525.00 | £2,275.00 | £27,300.00 |
| 37.5 | £562.50 | £2,437.50 | £29,250.00 |
| 40 | £600.00 | £2,600.00 | £31,200.00 |
| England, Wales and Northern Ireland | Scotland | |
|---|---|---|
| A year | £24,581.40 | £24,621.07 |
| A month | £2,048.45 | £2,051.76 |
| A week | £472.72 | £473.48 |
The same pay as £15 on a longer week
A 40 hours week at £15 pays £31,200 a year. That is exactly what a 37.5 hours week pays at a pound more an hour, which the page for the higher rate covers. Two jobs can have the same yearly pay with different hourly rates, so comparing offers means comparing hours as well.
Take-home on 40 hours at £15 is £25,985.40. All of the extra pay is taxed at the basic rate of 20% and charged National Insurance at 8%.
Income tax and National Insurance at £15 an hour
On £29,250, the income tax bill for the year in England is £3,334.20. National Insurance comes to £1,334.40. Both are worked out on the pay above £12,570, which is the personal allowance and also the National Insurance threshold this year.
A Scottish taxpayer on £15 for 37.5 hours keeps £24,621.07. The yearly pay here stops just short of Scotland's intermediate rate, so the full saving from the starter rate still applies. The nearest round salary has its own salary after tax page with student loan figures.
Working part time for £15
Twenty hours a week at £15 gives £15,600 a year before tax. Only the pay above the personal allowance is taxed, so the share lost to deductions is much smaller than on a full-time week. The pro rata calculator turns a full-time salary into the figure for fewer hours, if the job is advertised that way.
Questions
What is £15 an hour annually in the UK?
With 37.5 hours a week and paid holidays, £15 an hour is £29,250 a year before tax. With a 40 hours week the annual figure is £31,200.
How much is £15 an hour a week after tax?
Before tax a 37.5 hours week pays £562.50. Spread evenly across the year, the take-home in England works out at £472.72 a week.
Is £15 an hour a good wage?
That depends on your costs and where you live, so this page does not judge it. It is above the National Living Wage, and the full-time yearly pay of £29,250 is below the median full-time salary in April 2025.