£24 an Hour is How Much a Year? (UK 2026/27)
£24 an hour is £46,800 a year before tax on a 37.5-hour week, which is £37,216 after tax (£3,101 a month).
| Period | Before tax | After tax |
|---|---|---|
| Per hour | £24.00 | £19.08 |
| Per day (7.5 hours) | £180.00 | £143.14 |
| Per week | £900.00 | £715.68 |
| Per month | £3,900 | £3,101 |
| Per year | £46,800 | £37,216 |
Change the hours or see take-home pay
£24 an hour at different working hours
| Hours a week | Weekly | Monthly | Yearly | Yearly after tax |
|---|---|---|---|---|
| 16 hours | £384.00 | £1,664 | £19,968 | £17,897 |
| 20 hours | £480.00 | £2,080 | £24,960 | £21,491 |
| 25 hours | £600.00 | £2,600 | £31,200 | £25,984 |
| 30 hours | £720.00 | £3,120 | £37,440 | £30,476 |
| 37.5 hours | £900.00 | £3,900 | £46,800 | £37,216 |
| 40 hours | £960.00 | £4,160 | £49,920 | £39,462 |
Tax on £46,800 a year
On £24 an hour for 37.5 hours a week you pay £6,846 income tax and £2,738 National Insurance a year, which is 20.5% of your gross pay. In Scotland you would take home £36,424 a year (£3,035 a month).
At 40 hours a week it is £49,920 a year, or £39,462 after tax. These figures assume the standard tax code, 52 paid weeks (including paid holiday) and no pension or student loan.
Nearby hourly rates
| Hourly rate | Yearly (37.5 hrs) | After tax | Monthly after tax |
|---|---|---|---|
| £22 | £42,900 | £34,408 | £2,867 |
| £23 | £44,850 | £35,812 | £2,984 |
| £25 | £48,750 | £38,620 | £3,218 |
| £26 | £50,700 | £39,963 | £3,330 |
Related
Source: GOV.UK income tax rates. Use our take-home pay calculator for your own situation.
Frequently asked questions
How much is £24 an hour per year?
On a 37.5-hour week, £24 an hour is £46,800 a year before tax. On a 40-hour week it is £49,920 a year.
How much is £24 an hour per month?
About £3,900 a month before tax on 37.5 hours a week, or £3,101 a month after tax and National Insurance in 2026/27.
How much is £24 an hour per week?
£900.00 a week before tax on 37.5 hours, or £960.00 a week on 40 hours.
Is £24 an hour above minimum wage?
The National Living Wage is £12.71 an hour from April 2026 (age 21 and over), so £24 is £11.29 above the minimum wage. See our minimum wage checker.
Figures are for the 2026/27 tax year from official sources and are estimates for guidance only, not financial or legal advice. Printed from ukanswers.co.uk.