Salary to Hourly Calculator — 2026/27
Freelancers, contractors and anyone weighing a salaried role against hourly work needs the reverse conversion. Enter your annual salary and weekly hours to get your gross hourly rate — and your take-home pay after tax.
| Gross salary | — |
|---|---|
| Personal Allowance | — |
| Income tax | — |
| National Insurance | — |
| Pension | — |
| Student loan | — |
| Overall deduction rate | — |
Income tax by band
| Band | Taxed amount | Tax |
|---|
Pension is modelled as a net pay arrangement (it reduces taxable pay, not National Insurance). Student loan thresholds 2026/27: Plan 1 £26,900 · Plan 2 £29,385 · Plan 4 £33,795 · Plan 5 £25,000 · Postgraduate £21,000.
The conversion formula
Annual salary ÷ 52 ÷ hours per week = hourly rate. A £40,000 salary at 37.5 hours a week is £20.51 an hour before tax, and about £16.58 an hour after tax and National Insurance. To go from hourly to annual, use the hourly to salary calculator.
Frequently asked questions
What is £50,000 a year hourly?
At 37.5 hours a week, £50,000 is £25.64 an hour gross. At 40 hours a week it is £24.04 an hour.
Should contractors charge the same hourly rate as salary?
No — a contractor's rate must also cover employer National Insurance, pension, holidays and gaps between contracts, none of which apply to an employee. This calculator shows the employee-equivalent rate only.