2026/27 · United Kingdom · 37.5 hours a week

£24 an Hour Is How Much a Year?

Working full time (37.5 hours a week) at £24 an hour, you earn £46,800 per year before tax.

Per year£46,800before tax
Per month£3,900before tax
Per week£90037.5 hours
After tax£37,216per year
Your take-home pay
£37,216/ year
Monthly£3,101
Weekly£716
Tax rate20.5%
  • Take-home pay £37,216
  • Income Tax £6,846
  • National Insurance £2,738

£24 an hour by hours worked

What the same hourly rate pays at different weekly schedules (overtime premium not included).

Hours per weekPer weekPer monthPer year
16 h£384.00£1,664.00£19,968
20 h£480.00£2,080.00£24,960
25 h£600.00£2,600.00£31,200
30 h£720.00£3,120.00£37,440
35 h£840.00£3,640.00£43,680
37.5 h£900.00£3,900.00£46,800
38 h£912.00£3,952.00£47,424
40 h£960.00£4,160.00£49,920
45 h£1,080.00£4,680.00£56,160

What £24 an hour adds up to

  • A £1,000 pay rise would add £720 to your take-home pay at this salary.
  • As a basic-rate taxpayer, you can earn £1,000 of savings interest tax-free under the Personal Savings Allowance, and you may benefit from the Marriage Allowance if your partner has a low income.
  • With a student loan, you would repay at this salary on: Plan 1, Plan 2, Plan 4 (Scotland), Plan 5, Postgraduate.
  • In Scotland, the same salary would leave £792 less in take-home pay each year.

£24 an hour after tax by pay period

Paid monthly, weekly or by the hour? This table converts the salary into each pay period, before and after deductions.

Pay periodGross payDeductionsTake-home pay
Yearly£46,800£9,584£37,216
Monthly£3,900.00£798.70£3,101.30
Weekly£900.00£184.32£715.68
Daily£180.00£36.86£143.14
Hourly£24.00£4.92£19.08

England vs Scotland

At this salary, you take home £792 a year more in England, Wales and Northern Ireland than in Scotland.

England, Wales & NIScotland
Income Tax£6,846£7,638
National Insurance£2,738£2,738
Take-home pay£37,216£36,424
Per month£3,101£3,035

Where your money goes

Take-home pay: £37,216Income Tax: £6,846National Insurance: £2,738
You keep80%
  • Take-home pay£37,21679.5%
  • Income Tax£6,84614.6%
  • National Insurance£2,7385.9%
  • Income Tax (£6,846). Charged on £34,230 of taxable income after your £12,570 Personal Allowance.
  • National Insurance (£2,738). Worked out on each payslip, at 8% up to £50,270 and 2% beyond.

Frequently asked questions

£24 an hour is how much a year?

£46,800 a year before tax, based on 37.5 hours a week and 52 weeks.

£24 an hour is how much a month?

About £3,900.00 per month before tax.

£24 an hour is how much a week?

£900.00 per week before tax for 37.5 hours.

How much is £24 an hour after tax?

About £37,216 a year, or £19.08 per hour.

Is £24 an hour above the minimum wage?

Yes. The minimum wage is £12.71 an hour.

How we calculate

Figures use HMRC 2026/27 Income Tax bands (including Scottish rates), Class 1 National Insurance and student loan thresholds for an employee paid through PAYE. Read our methodology. Last updated September 25, 2026. Estimates for information only, not tax advice.