£15.50 Per Hour Is How Much a Year?

£15.50 an hour is £30,225 a year before tax (37.5 hrs/week). After tax you take home £2,107 a month.

£15.50/hour = Annual Salary
£30,225
gross per year (37.5 hours/week)
Take Home Yearly
£25,282
Take Home Monthly
£2,107
Take Home Weekly
£486
Take Home Daily
£97
Tax Breakdown
Gross salary (££15.50/hr × 37.5hrs × 52wks)£30,225
Income tax-£3,531
National Insurance-£1,412
Take home pay£25,282/yr (£2,107/mo)

£15.50 an Hour — Full Breakdown

If you earn £15.50 per hour and work a standard 37.5-hour week, your gross annual salary is £30,225. After income tax and National Insurance for 2026/27, your take home pay is £25,282 per year or £2,107 per month.

£15.5 an Hour at Different Weekly Hours

Not everyone works a 37.5-hour week. Here is what £15.5 an hour comes to as an annual salary — and take-home pay after tax and National Insurance for 2026/27 — at the most common full-time and part-time schedules. A 40-hour week at £15.5/hr is £32,240 a year (take home £2,228/month), while a 30-hour week is £24,180 a year (take home £1,744/month).

Weekly hoursGross / yearTake home / yearTake home / month
40 hrs/wk£32,240£26,732£2,228
37.5 hrs/wk (standard)£30,225£25,282£2,107
35 hrs/wk£28,210£23,831£1,986
30 hrs/wk£24,180£20,929£1,744
20 hrs/wk£16,120£15,126£1,260

Gross = £15.5/hr × weekly hours × 52 weeks. Take-home figures apply the 2026/27 England income-tax bands (20/40/45%) and Class 1 National Insurance (8% / 2%), standard tax code, no student loan or pension. Change any assumption in the full calculator.

Different hours or want to add student loans?

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Other Hourly Rates

See the full salary breakdown: £30,225 salary after tax