The Pay Packet

Hourly to salary calculator 2026/27

Turn an hourly rate into a yearly salary — and see what you actually take home after tax and National Insurance.

England, Wales & NI, 2026/27.

That works out as

2026/27

£29,250 a year

Income Tax
−£278
National Insurance
−£111

Monthly take-home

£24,580 a year

£2,048

Figures are monthly unless stated; rounded to the nearest pound.

Verified · 2026/27
21 June 2026

Effective rate

Marginal rate on your next £1

What it's worth in real terms

Your salary has the spending power of in 2025 money — the pound has lost since then. A rise of would just keep pace.

Inflation: ONS Consumer Prices Index, latest May 2026.

How this was calculated

For the 2026/27 tax year (England, Wales & Northern Ireland) we apply your tax-free Personal Allowance, the Income Tax bands, employee National Insurance, and any student-loan repayment — each traced to a dated gov.uk/HMRC source. A pension contribution comes off before Income Tax (and before National Insurance too, for salary sacrifice). Over £100,000 the Personal Allowance tapers away, which is why the marginal rate jumps to about 60%.

The full method and every source is on our methodology page.

Built & maintained by the Pay Packet team · methodology sourced from HMRC · last reviewed 21 June 2026. About our figures →

From an hourly rate to your take-home

To turn an hourly rate into a yearly salary, multiply it by your weekly hours and the weeks you work — usually 52. But the headline salary is not what lands in your account: Income Tax and National Insurance come off first. This calculator does both steps, so you can compare a rate against a salaried role properly.

If your hours vary, use an average week. Remember that a salaried role usually includes paid holiday, while some hourly or agency work does not — so check whether the weeks you are paid for include leave. For the full picture with pension and student loan, use the main take-home calculator.

Hourly pay questions

How do I convert an hourly rate to a salary?
Multiply your hourly rate by the hours you work each week, then by the number of weeks you work in a year (usually 52). £15 an hour for 37.5 hours over 52 weeks is £29,250 a year.
How many hours is full time?
There is no legal figure, but full time is usually 35 to 40 hours a week. The NHS and many employers use 37.5.
Is the take-home after tax?
Yes — we apply the 2026/27 Personal Allowance, Income Tax and National Insurance to the annual figure to show what actually reaches your account.