How do you convert an hourly rate to an annual salary?

We multiply hourly rate × hours per week × weeks paid per year. The defaults are 37.5 hours a week and 52 weeks a year; change either to match your contract.

What is the UK National Minimum Wage?

For 2026/27 the National Living Wage (age 21 and over) is £12.71 an hour. The National Minimum Wage is £10.85 an hour for 18 to 20 year olds and £8.00 for under-18s, and the apprentice rate is £8.00. Source: gov.uk National Minimum Wage and National Living Wage rates.

Does the calculator account for unpaid leave?

By default we use 52 weeks, i.e. you're paid every week of the year including annual leave. If you're term-time only (e.g. teaching or zero-hours), set a lower weeks-per-year value.

Is the tax calculation identical to the salary calculator?

Yes for Income Tax and National Insurance - we annualise your hourly rate to an equivalent gross salary and run the same calculation as the salary calculator. This calculator has no pension or student loan input, so use the salary calculator on the annual figure if you need those deductions.

£29.00/hour After Tax in Scotland UK 2026/27

Annualised gross: £56,550 (37.5h/week). Take-home in Scotland: £41,675 a year (£3,473 a month, £21.37/hour net). £1681 less per year than in England.

Take-home pay

£41,675

26.3% effective tax rate

Monthly: £3,473
Weekly: £801
Daily: £160
Hourly: £21.37

Annual gross salary	£56,550
Personal Allowance used	+£12,570
Income Tax	−£11,733
National Insurance	−£3,142
Annual take-home	£41,675

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Scotland tax, briefly

Scotland uses its own six-band income tax system (Starter 19%, Basic 20%, Intermediate 21%, Higher 42%, Advanced 45%, Top 48%) set by the Scottish Parliament. Combined with UK-wide National Insurance, your take-home from an hourly rate differs materially from rest-of-UK once your annualised pay clears ~£27,500.

At £29.00/hour on 37.5h/week your highest marginal income-tax band is the Higher rate at 42%.

Your salary in context

ONS · HMRC · CPI

Annual equivalent

£29.00/hour over 37.5h/week is a gross annual salary of £56,550.
Net per hour

After Income Tax and NI you actually keep about £21.37 per hour worked — roughly £160.29 per day and £801.45 per week.
Monthly take-home

Across a 12-month year that works out to around £3,473 a month.
vs UK median hourly

The UK median full-time salary (£39,039) divided by a 37.5-hour week works out to about £20.02/hour. £29.00 is 45% above that.
Above minimum wage

£29.00 is £16.29 above the April 2026 National Living Wage of £12.71/h (21+).
Typical roles

An annualised salary of £56,550 is typical for: NHS Band 7, NHS Band 8a manager, software developer.
Top tax band

At this rate your highest marginal income-tax band is the Higher rate at 42%.

Nearby salaries

Frequently asked questions

How do you convert an hourly rate to an annual salary?: We multiply hourly rate × hours per week × weeks paid per year. The defaults are 37.5 hours a week and 52 weeks a year; change either to match your contract.
What is the UK National Minimum Wage?: For 2026/27 the National Living Wage (age 21 and over) is £12.71 an hour. The National Minimum Wage is £10.85 an hour for 18 to 20 year olds and £8.00 for under-18s, and the apprentice rate is £8.00. Source: gov.uk National Minimum Wage and National Living Wage rates.
Does the calculator account for unpaid leave?: By default we use 52 weeks, i.e. you're paid every week of the year including annual leave. If you're term-time only (e.g. teaching or zero-hours), set a lower weeks-per-year value.
Is the tax calculation identical to the salary calculator?: Yes for Income Tax and National Insurance - we annualise your hourly rate to an equivalent gross salary and run the same calculation as the salary calculator. This calculator has no pension or student loan input, so use the salary calculator on the annual figure if you need those deductions.