£24 Per Hour — Annual Salary & Take Home Pay

£24 per hour is £46,800 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 £3,101.3 per month or £37,215.6 per year.

If you earn £24 per hour and work a standard 37.5 hours per week, your annual salary is £46,800. Here's what that looks like after tax and National Insurance:

Period	Gross	Take Home
Hourly	£24.00	£19.08
Daily (7.5h)	£180.00	£143.14
Weekly (37.5h)	£900	£715.68
Monthly	£3,900	£3,101.3
Annual	£46,800	£37,215.6

Tax and NI on £46,800

On an annual salary of £46,800, your deductions are:

• Income tax: £6,846 (£570.5/month)
• National Insurance: £2,738.4 (£228.2/month)
• Total deductions: £9,584.4 per year

Your effective tax rate is 20.5%.

How £24/hour compares

At £24/hour, you earn 34% more than the UK median hourly rate of ~£17.93/hour. The National Living Wage is £12.21/hour (£23,809.5/year).

Hourly rate comparison

Hourly rate	Annual salary	Monthly take home	Annual take home
£22	£42,900	£2,867.3	£34,407.6
£23	£44,850	£2,984.3	£35,811.6
£25	£48,750	£3,218.3	£38,619.6
£26	£50,700	£3,330.28	£39,963.4

Related calculations

• Full £47,000 salary breakdown — detailed tax bands and deductions
• Take home pay on £46,000 — monthly, weekly, and daily take home
• UK Salary Tax Table — take-home pay for every salary level