Updated for 2026/27 & £12.71 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

3.1% Falling

Consumer Price Index

Avg Home

£273k +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 3.1%, check your real take-home pay and mortgage affordability for 2026/27.

How does the £12.71 minimum wage affect me?

From 1 April 2026, the statutory National Living Wage is £12.71 per hour (a 4.1% increase from £12.21). This statutory rate applies to workers aged 21 and over across the UK, boosting full-time annual earnings.

New Minimum Wage Calculation:

£12.71/hr × 37.5 hours × 52 weeks = Yearly Salary

Example: £12.71/hr × 37.5 hours × 52 weeks = £24,784.50 per year