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Hourly Rate Calculator

Your Details
£

UK statutory minimum is 28 days (inc. bank holidays)

%
Your Results

Your Hourly Rate

£20.11 /hr

After Tax

£16.51 /hr

Effective Tax Rate

17.9%

Working Hours/Year

1740

Your hourly rate of £20.11 is above the National Living Wage of £12.21/hour (April 2025)
Gross Pay Breakdown
Annual£35,000.00
Monthly£2,916.67
Weekly£673.08
Daily£150.86
Hourly£20.11
Working Days/Year232
Take-Home Pay Breakdown
Annual£28,719.60
Monthly£2,393.30
Weekly£552.30
Daily£123.79
Hourly£16.51
More Information
Annual Salary£35,000
Working Hours/Year1740
Personal Allowance£12,570
Employee NI Rate8% / 2%
Gross Hourly Rate£20.11
Net Hourly Rate£16.51
Last updated: April 2025Source: GOV.UK
Understanding Your Hourly Rate

Everything you need to know about hourly rate calculations in the UK

How is the hourly rate calculated?

Your hourly rate is calculated by dividing your annual salary by the total number of working hours per year. Working hours = (52 weeks minus holiday weeks) × hours per week. With 28 days holiday and a 37.5-hour week, that's 46.4 working weeks × 37.5 = 1,740 hours per year.

Why does holiday matter?

Holiday days are paid but not worked. More holiday days means fewer actual working hours, so your effective hourly rate is higher. The UK statutory minimum is 28 days (5.6 weeks) including bank holidays. Many employers offer more.

What is a good hourly rate in the UK?

The National Living Wage from April 2025 is £12.21/hour for workers aged 21+. The median UK full-time hourly rate is approximately £17.40/hour (ONS 2024). Professional roles typically command £20–£50+/hour depending on industry and experience.

Gross vs net hourly rate

Your gross hourly rate is before any deductions. Your net (take-home) hourly rate is after income tax, National Insurance, student loan, and pension deductions. Use the "Tax & Deduction Options" above to see the full impact on your hourly earnings.

HMRC-Aligned: Tax calculations use official HMRC rates and thresholds for the 2025/26 tax year (6 April 2025 – 5 April 2026). Results are indicative — for complex situations, consult a qualified accountant.

A Beginner's Guide to Understanding UK Income Tax

Watch Martin Lewis explain how the UK income tax system works — essential viewing to understand how your hourly rate is taxed.

Hourly Rate Examples for 2025/26

£25,000 Salary — What’s My Hourly Rate?

Working a standard 37.5-hour week over 52 weeks gives 1,950 working hours per year. £25,000 ÷ 1,950 = £12.82/hour gross. After income tax (£2,486) and NI (£994), your net hourly rate is approximately £11.04/hour.

Above the National Living Wage of £12.21/hour

£40,000 Salary — Gross vs Net Hourly Rate

£40,000 ÷ 1,950 hours = £20.51/hour gross. After basic-rate tax on income above the Personal Allowance (£5,486 tax, £2,194 NI), your net annual pay is approximately £32,320, giving a net hourly rate of £16.57/hour.

£70,000 Salary — Higher-Rate Impact

Gross hourly rate: £70,000 ÷ 1,950 = £35.90/hour. With £19,730 taxed in the higher band at 40%, your total deductions are around £19,000. Net annual pay is approximately £51,000, giving a net hourly rate of £26.15/hour.

Sources & References
2025/26

This calculator uses official rates and thresholds from:

Last verified: February 2026 · Tax year 2025/26. Results are indicative — consult a qualified accountant for personalised advice.

Reviewed by M. Samiuddin Quadri, ACCA — Chartered Certified Accountant at Gladstone & Co. · Updated for the 2025/26 tax year.

Disclaimer: This calculator provides estimates based on current HMRC rates and thresholds for the 2025/26 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified accountant or tax adviser before making financial decisions. Read our terms