£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.
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.
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 |
| Pay period | 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. PAYE uses the standard tax code's annual free pay of £12,579, which differs slightly from the statutory Personal Allowance of £12,570. National Insurance comes to £1,334.40 and uses its own threshold of £12,570.
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, assuming 52 paid weeks. Income tax applies to the pay above the standard tax code's free pay, 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?
Assuming 52 paid weeks, including paid holiday, 37.5 hours a week at £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.
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.