£15 an Hour to Salary (2026/27)

If you earn £15 per hour and work a standard 37.5-hour week, your gross annual salary is £29,250. Your estimated take-home pay is £24,580 per year, or £2,048.30 per month.

Deduction / Period Annual Monthly Weekly Daily Hourly
Gross Pay £29,250.00 £2,437.50 £562.50 £112.50 £15.00
Income Tax £3,336.00 £278.00 £64.15 £12.83 £1.71
National Insurance £1,334.40 £111.20 £25.66 £5.13 £0.68
Take-Home Pay £24,579.60 £2,048.30 £472.68 £94.54 £12.60

£29,250 Income Breakdown (Full Time)

Take Home
Tax
NI
Net Pay (84%)
Income Tax (11%)
National Insurance (5%)

How is a £15 Hourly Wage Taxed?

Earning £15 per hour provides a solid full-time equivalent salary of £29,250 per year, assuming a standard 37.5-hour week. This sits comfortably within the Basic Rate tax band.

After your £12,570 tax-free Personal Allowance, your taxable pay is calculated. To see the exact deductions for a different amount of working hours, or to add pension contributions, you can use our take home pay calculator. If you work a second job alongside this, you should also check the second job tax calculator to avoid emergency tax.

Frequently Asked Questions

Assuming you work a standard full-time week of 37.5 hours for 52 weeks a year, an hourly rate of £15 equates to a gross annual salary of £29,250.
Working full-time (37.5 hours/week) at £15 per hour, your estimated monthly take-home pay is £2,048.30 after deducting £278.00 in Income Tax and £111.20 in National Insurance.
Working full time, you will pay an estimated £3,336 in Income Tax and £1,334 in National Insurance across the 2026/27 tax year.

Financial & Tax Guidance Disclaimer

UKSalaryCalculate.co.uk provides estimated take-home pay and tax deductions based on standard UK tax codes (e.g., 1257L) and HMRC allowances for the 2026/27 tax year. This tool is designed for general guidance only and does not constitute professional financial, legal, or tax advice. Always consult a certified accountant or HMRC directly for your specific tax affairs.