Question 1

How much is £15 an hour annually?

Accepted Answer

£15/hour at 37.5 hours/week = £29,250/year gross (rate × hours × 52). At 37.5hrs/week: £29,250/year. At 40hrs/week: £31,200/year.

Question 2

What is take-home pay on £15 an hour?

Accepted Answer

On £15/hr at 37.5hrs/week (£29,250/year gross), take-home is £23,410/year in 2026-27 with 5% pension.

Question 3

Is £15 an hour a good wage in the UK?

Accepted Answer

The National Living Wage is £12.71/hr (21+) in 2026-27. The UK median annual salary of £39,039 is equivalent to approximately £18.77/hr at 40hrs/week. £15 is below the UK median hourly rate equivalent.

Question 4

What is £15 an hour after tax monthly?

Accepted Answer

At £15/hr × 37.5hrs/week: monthly take-home is £1,951/month in 2026-27 with 5% pension.

Question 5

How much is £15 an hour with pension deducted?

Accepted Answer

At 5% pension on £15/hr (annual gross £29,250): pension contribution £1,463/year, take-home £23,410/year. The pension costs less than face value as it reduces taxable income — each £1 contributed costs only ~72p to take-home at your marginal rate.

	Annual	Monthly	Weekly
Gross salary	£29,250	£2,437.50	£562.50
Income Tax	−£3,044	−£253.63	−£58.53
Nat. Insurance	−£1,334	−£111.20	−£25.66
Pension (5%)	−£1,463	−£121.88	−£28.13
Take-Home Pay	£23,410	£1,950.80	£450.18

£15 an Hour Take-Home Pay UK 2026-27

Adjust Your Hours & Deductions

Full Deduction Breakdown

Frequently Asked Questions

Related Hourly Rates