Hourly Rate to Annual Salary Calculator
Convert your hourly rate to an annual salary and see your take-home pay after tax for 2026/27.
How to Convert Hourly Rate to Annual Salary
Converting an hourly wage to an annual salary is straightforward: multiply your hourly rate by the number of hours you work each week, then multiply by 52 weeks. For most UK full-time workers on a 37.5-hour week, a £20/hour rate equals £39,000 per year.
Our calculator goes further by showing your actual take-home pay after income tax, National Insurance, and other deductions. This gives you a much clearer picture of what you'll actually receive in your bank account each month.
Frequently Asked Questions
How do I convert my hourly rate to an annual salary?
Multiply your hourly rate by the number of hours you work per week, then multiply by the number of working weeks per year (typically 52 minus your holiday weeks). For example, £15/hour × 37.5 hours × 46.4 weeks = £26,100 per year.
How many working weeks are in a year?
There are 52 weeks in a year. UK employees are entitled to a minimum of 5.6 weeks paid holiday (28 days for full-time workers), leaving 46.4 working weeks. However, you still receive holiday pay, so your annual salary calculation should use all 52 weeks.
Should I include holiday pay in my calculation?
If you receive paid holidays (as most employed workers do), use 52 weeks in your calculation since you're paid during holidays too. If you're a contractor or casual worker who doesn't get paid holidays, subtract your holiday weeks from 52.
What is the UK minimum wage for 2026/27?
The National Living Wage for workers aged 21 and over is £12.21 per hour from April 2025. This equates to approximately £23,795 per year for a 37.5-hour week.