UK Hourly Rate Calculator

Updated for tax year 2026/27 Last reviewed 10 August 2026 Salary & Tax

Work out what your annual salary really means per hour, day, week and month — and what you take home after tax and National Insurance.

Enter your salary and contracted hours, and the calculator shows your rates plus a full take-home breakdown.

Your details

Your contracted working hours
Paid weeks, minus holiday
Employee contribution as a % of gross salary
If yes, pension is deducted before tax and NI
Found on your payslip, e.g. 1257L

Results

Hourly rate
£20.51
Gross, before tax and NI
Daily rate
£153.85
Based on a 5-day week
Weekly pay
£769.23
Monthly pay
£3,333.33
Take-home pay (annual)
£30,319.60
After tax, NI, pension & student loan
Take-home pay (hourly)
£15.55
Effective tax rate
19.2%

How the calculation works

We believe numbers should be transparent. Here is the formula behind this calculator.

Hourly rate = Annual salary ÷ (hours per week × weeks per year)

Worked example

Worked example: £40,000 over 37.5 hours

Salary: £40,000 a year. Hours: 37.5 per week over 52 weeks = 1,950 hours a year.
Hourly rate = £40,000 ÷ 1,950 = £20.51 an hour (gross).
After tax, NI, pension and student loan, take-home is around £2,447 a month.

Important assumptions

  • Uses gross salary and contracted hours, not overtime or bonuses.
  • Daily rate assumes a 5-day working week.
  • Take-home uses England, Wales and Northern Ireland tax rates. Scottish rates differ.

Frequently asked questions

How do I calculate my hourly rate?

Divide your annual salary by your total working hours a year (hours per week × weeks per year). For £40,000 over 1,950 hours, that is £20.51 an hour.

Is my hourly rate before or after tax?

This calculator shows the gross rate and a separate take-home figure. Your take-home per hour is your net annual pay divided by your working hours.

How many weeks should I use?

Use your paid weeks a year — usually 52, minus your holiday and any unpaid leave. If you get 28 days holiday, some people use 48 paid weeks.

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Related guides

New to the topic? Read a plain-English guide on salary & tax, with worked examples and tips.

These calculations are estimates for guidance only and are not professional financial, tax or legal advice. UK rates and rules change, so always verify important figures with official GOV.UK / HMRC information or speak to a qualified professional. See our full disclaimer.