2026/27 tax year · hourly pay

£16 an Hour is How Much a Year After Tax?

At 37.5 hours a week and 52 weeks a year, £16 an hour is £31,200 a year gross. At 40 hours a week it is £33,280.

At 37.5 hours a week, £16 an hour is £31,200 a year before tax — about £25,984 take-home after income tax and National Insurance.

£16 an hour — annual, monthly and weekly

Hours per week	Gross annual	Annual take-home	Monthly take-home
16 hours	£13,312	£13,104	£1,092
20 hours	£16,640	£15,500	£1,292
25 hours	£20,800	£18,496	£1,541
30 hours	£24,960	£21,491	£1,791
37.5 hours	£31,200	£25,984	£2,165
40 hours	£33,280	£27,481	£2,290

These figures assume 52 paid weeks, a 1257L tax code and no pension or student loan.

Scenario	Gross annual	Annual take-home	Monthly
37.5 hours, England	£31,200	£25,984	£2,165
37.5 hours, Scotland	£31,200	£26,007	£2,167
40 hours, England	£33,280	£27,481	£2,290

Pension: 5% of £31,200 is £1,560 a year — a net-pay pension reduces taxable pay and changes take-home.
Student loan: Plan 2 repayments start above £29,385; on £31,200 that is £0 a year if you are on Plan 2.
Minimum wage: compare your rate with the 2026/27 National Living Wage in the minimum wage calculator.
Exact hours: use the hourly to salary calculator for different hours and weeks.

£16 an hour is how much a year?

At 37.5 hours a week and 52 weeks a year, £16 an hour is £31,200 a year gross. At 40 hours a week it is £33,280.

£16 an hour after tax — what is the take-home?

On a standard 1257L code with no pension or student loan, £31,200 gross leaves about £25,984 a year (£2,165 a month) at 37.5 hours a week.

£16 an hour at 40 hours a week after tax?

At 40 hours a week the gross salary is £33,280, leaving about £27,481 a year (£2,290 a month) after income tax and National Insurance.

Is £16 an hour above the minimum wage?

Yes — £16.00 is above the 2026/27 National Living Wage of £12.71 for workers aged 21 and over.