£15.00 an hour is how much a year?

If you earn £15.00 per hour and work a standard 37.5 hour week for 52 weeks of the year, your gross annual salary would be £29,250. If you work a 40 hour week, your gross annual salary would be £31,200.

Assuming you work 37.5 hours a week (earning £29,250 a year) and have the standard 1257L tax code, you will pay approximately £3,334 in Income Tax and £1,334 in National Insurance across the 2026/27 tax year.

On a 37.5 hour week, earning £15.00 per hour gives you a gross monthly pay of £2,438. After deducting Income Tax and National Insurance, your monthly take-home pay will be roughly £2,048.

Yes, £15.00 per hour is above the UK National Living Wage of £12.71. On a standard full-time contract, this gives you a solid base salary of £29,250 a year.

Yes, if you are contracted to an annual salary of £29,250 based on an hourly rate of £15.00, that calculation includes 52 weeks of pay. UK workers are legally entitled to 5.6 weeks of paid holiday per year, so your time off is already factored into this annual figure.