£24 an hour is how much a year?
At 37.5 hours a week, £24 an hour is £46,800 a year before tax and £3,101 a month after tax.
- A year before tax
- £46,800
- Take-home a month
- £3,101
- Take-home a week
- £716
- Worth after tax, per hour
- £19.08
- HMRC 2026/27 rates
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£24 an hour for 37.5 hours a week is £46,800 a year. After income tax and National Insurance you take home £37,215.60 a year, £3,101.30 a month or £715.68 a week in 2026/27.
Your payslip on £24 an hour
Payments
Basic salary£3,900.00
Deductions
Income tax£570.50
National Insurance£228.20
Total deductions£798.70
Net pay£3,101.30
Of an 8 hour working day, 1 hour 38 minutes pays your income tax and National Insurance.
| Item | Year | Month | Week | Day |
|---|---|---|---|---|
| Gross pay | £46,800.00 | £3,900.00 | £900.00 | £180.00 |
| Income tax | -£6,846.00 | -£570.50 | -£131.65 | -£26.33 |
| National Insurance | -£2,738.40 | -£228.20 | -£52.66 | -£10.53 |
| Take-home pay | £37,215.60 | £3,101.30 | £715.68 | £143.14 |
£24 an hour at different weekly hours
| Hours a week | Before tax a year | After tax a year | After tax a month |
|---|---|---|---|
| 16 hours | £19,968 | £17,896.56 | £1,491.38 |
| 20 hours | £24,960 | £21,490.80 | £1,790.90 |
| 30 hours | £37,440 | £30,476.40 | £2,539.70 |
| 37.5 hours | £46,800 | £37,215.60 | £3,101.30 |
| 40 hours | £49,920 | £39,462.00 | £3,288.50 |
Where your £24 an hour goes
On £46,800 a year you pay £6,846.00 income tax and £2,738.40 National Insurance. After deductions each hour you work is worth £19.08. For the full salary breakdown see £47,000 after tax.
Other hourly rates
- £22 an hour£42,900 a year
- £23 an hour£44,850 a year
- £25 an hour£48,750 a year
- £26 an hour£50,700 a year
The same pay as £900 a week or £3,900 a month, roughly.
Back to the hourly pay table or the hourly rate calculator.
Questions people ask
How much is £24 an hour a year?
£46,800 a year before tax for a 37.5 hour week, or £49,920 for a 40 hour week, paid for all 52 weeks including paid holiday.
How much is £24 an hour a month after tax?
£3,101.30 a month at 37.5 hours a week, with the standard tax code and no student loan or pension.
Is £24 an hour above the minimum wage?
Yes. The National Living Wage for workers aged 21 and over is £12.71 an hour from April 2026, so £24 is £11.29 an hour more.