Updated for 2026 & £12.21 Minimum Wage

Hourly Wage Calculator UK

Instantly convert your hourly rate into a weekly, monthly, and yearly salary. Updated for the new National Living Wage.

Ready to Calculate?

Enter your salary details and click calculate to see your full take-home pay breakdown.

UK Market Pulse

Live economic indicators for 2026 planning

Base Rate

3.75% Stability

Bank of England Base Rate

Inflation

3% Falling

Consumer Price Index

Avg Home

£270k +1.8%

UK Avg House Price

Mortgage

4.8% 2yr Fixed

Avg. 2yr Fixed Rate

Why calculate now?

With base rates at 3.75% and inflation at 3.4%, check your real take-home pay and mortgage affordability for 2025/26.

How does the £12.21 minimum wage affect me?

From April 2026 (projected), the National Living Wage is expected to rise to £12.21 per hour. This significant increase means a full-time worker on the minimum wage could see their annual gross salary rise.

New Minimum Wage Calculation:

£12.21/hr × 37.5 hours × 52 weeks = Yearly Salary

Example: £12.21/hr × 37.5 hours × 52 weeks = £23,809.50 per year