📊 Hourly to Annual
Salary Calculator 2026/27

Enter your hourly rate and working hours to instantly see your annual, monthly, weekly and daily pay — plus an estimated take-home for 2026/27.

✓ 2026/27 tax rates ✓ Instant results ✓ Free — no signup

Your Pay Details

Take-home estimate is for England/Wales (standard 1257L tax code). Scotland uses different income tax bands — use the HMRC calculator for Scottish rates.

Minimum Wage Hourly Rates as Annual Salaries

The table below shows what each 2026/27 National Minimum Wage rate translates to in annual salary terms, across the most common working week lengths.

Age Band / Rate Hourly Rate 37.5 hrs/wk 40 hrs/wk 45 hrs/wk
NLW (21+) — £12.21 £12.21 £23,830.50 £25,396.80 £28,571.40
Age 18–20 — £10.00 £10.00 £21,202.50 £22,609.60 £25,435.80
Under 18 / Apprentice — £7.55 £7.55 £14,722.50 £15,704.00 £17,667.00

How is Annual Salary Calculated from Hourly Rate?

To convert an hourly rate to an annual salary, multiply the hourly rate by the number of hours you work each week, then multiply by the number of weeks you work each year. The formula is: Annual salary = hourly rate × hours per week × weeks per year. For example, someone earning the 2026/27 National Living Wage of £12.21/hr, working 40 hours a week for 52 weeks, would earn £12.21 × 40 × 52 = £25,396.80 per year before tax. Most full-time employment contracts are based on 37.5 or 40 hours per week and 52 weeks per year, though if you work fewer weeks due to unpaid leave or seasonal work, you should adjust the weeks figure accordingly. The monthly figure is simply the annual salary divided by 12, and the daily figure is typically calculated on an 8-hour working day (hourly rate × 8).

Salary Conversion Examples

NLW Full-Time Worker

Age 25+ • 40 hrs/week

Hourly rate£12.21
Weekly gross£488.40
Monthly gross£2,116
Annual gross£25,397
Est. take-home£21,805/yr

Part-Time Retail Worker

Age 19 • 24 hrs/week

Hourly rate£10.00
Weekly gross£240.00
Monthly gross£1,040
Annual gross£12,480
Est. take-home£12,480/yr

Experienced Worker

Age 30 • 37.5 hrs/week

Hourly rate£15.50
Weekly gross£581.25
Monthly gross£2,519
Annual gross£30,225
Est. take-home£24,654/yr

Did You Know?

The National Living Wage of £12.21/hr gives a full-time worker (40 hrs/week) an annual salary of £25,397 — but after tax and NI, take-home is only around £21,800. That means roughly 14% of your gross pay goes to tax and National Insurance at the NLW level.

Tips for Understanding Your Pay

Frequently Asked Questions

How do I convert my hourly rate to annual salary?
Multiply your hourly rate by your hours per week, then by the number of weeks you work per year. For example: £12.21/hr × 40 hrs × 52 weeks = £25,396.80/yr. This calculator does that maths for you automatically, and also shows daily, weekly, and monthly pay.
Does annual salary include overtime?
This calculator uses your stated hours per week to compute your base annual salary. Overtime hours paid at a different rate are not automatically included. To factor in overtime, you can either add the extra hours to your weekly hours input (if paid at the same rate), or calculate your overtime pay separately and add it to the annual figure.
What is the NLW annual salary for 2026/27?
The National Living Wage of £12.21/hr (for workers aged 21 and over) equates to: £23,830.50/yr on a 37.5-hour week, £25,396.80/yr on a 40-hour week, and £28,571.40/yr on a 45-hour week — all assuming 52 paid weeks per year. After standard income tax and National Insurance, take-home on a 40-hour week would be approximately £21,600–£21,900 per year.
How many working weeks are there in a year?
A calendar year contains 52 weeks (plus one or two extra days). Most employment contracts use 52 weeks when calculating annual pay. If your contract includes paid holiday, those weeks are already included in the 52. If you take unpaid leave or work seasonally, enter the actual weeks you are paid in the calculator above for an accurate annual figure.
What is the average UK hourly wage?
According to ONS Annual Survey of Hours and Earnings data, the median hourly pay for full-time UK employees is approximately £17–£18 per hour. This varies significantly by region — London wages tend to be higher — and by sector, occupation, and age group. The statutory minimum floor for workers aged 21 and over in 2026/27 is £12.21/hr.

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✓ April 2026 NMW rates ✓ GOV.UK verified ✓ Updated March 2026 ✓ Free — no signup UKMinimumWage.co.uk | For guidance only