WageMinimum Wage as an Annual Salary, 2026-27
A full-time worker on the National Living Wage of £12.71 an hour earns about £24,785 a year at 37.5 hours a week. Here is every band as an annual figure.
| Age band | Per hour | 37.5h/week | 40h/week | Take-home page |
|---|---|---|---|---|
| 21 and over (National Living Wage) | £12.71 | £24,785 | £26,437 | £25,000 after tax |
| 18 to 20 | £10.85 | £21,158 | £22,568 | £21,000 after tax |
| Under 18 | £8.00 | £15,600 | £16,640 | £16,000 after tax |
| Apprentice | £8.00 | £15,600 | £16,640 | £16,000 after tax |
Annual figures assume a 52-week year and are before income tax and National Insurance. The linked take-home page rounds to the nearest £1,000 salary.
General information, not advice. Estimates assume the standard 1257L tax code and typical circumstances; your payslip may differ by a pound or two because HMRC payroll software truncates at each step. Verify with HMRC or an accountant for any decision. WageReckon stores no salary data - the calculators run in your browser.
Rates for the 2026-27 tax year, current as of 24 July 2026. Source: HMRC (gov.uk). Contains public sector information licensed under the Open Government Licence v3.0. Source: HMRC / gov.uk. See how we calculate.