£12 Per Hour — Annual Salary & Take Home Pay

£12 per hour is £23,400 per year (based on 37.5 hours/week). In the 2026-27 tax year, after income tax and National Insurance, your take-home pay is £1,697.3 per month or £20,367.6 per year.

If you earn £12 per hour and work a standard 37.5 hours per week, your annual salary is £23,400. Here's what that looks like after tax and National Insurance:

PeriodGrossTake Home
Hourly£12.00£10.44
Daily (7.5h)£90.00£78.34
Weekly (37.5h)£450£391.68
Monthly£1,950£1,697.3
Annual£23,400£20,367.6

Tax and NI on £23,400

On an annual salary of £23,400, your deductions are:

  • Income tax: £2,166 (£180.5/month)
  • National Insurance: £866.4 (£72.2/month)
  • Total deductions: £3,032.4 per year
Your effective tax rate is 13.0%.

How £12/hour compares

At £12/hour, this is below the National Living Wage of £12.21/hour for workers aged 21+. The National Living Wage is £12.21/hour (£23,809.5/year).

Hourly rate comparison

Hourly rateAnnual salaryMonthly take homeAnnual take home
£10£19,500£1,463.3£17,559.6
£11£21,450£1,580.3£18,963.6
£13£25,350£1,814.3£21,771.6
£14£27,300£1,931.3£23,175.6

Related calculations

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Take-home pay

Monthly take-home£1,697.30
Weekly£392
Daily£78

Annual breakdown

Gross salary£23,400
Personal allowance£12,570
Income tax-£2,166.00
Basic rate (20%)-£2,166.00
National Insurance-£866.40
Take-home pay£20,368

Tax rates

Effective tax rate13.0%
Marginal tax rate28%

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