2025/26 Tax Year
£55 Per Hour Salary
Calculate your annual salary and take-home pay on £55 per hour.
Based on 37.5 hours per week
£107,250
Annual Salary
£71,312
Annual Take-Home
£5,943
Monthly Take-Home
£1,371
Weekly Take-Home
£55/Hour by Working Hours
| Hours/Week | Annual Salary | Annual Take-Home | Monthly | Weekly |
|---|---|---|---|---|
| Part-time (20hrs) | £57,200 | £43,733 | £3,644 | £841 |
| Reduced (30hrs) | £85,800 | £60,321 | £5,027 | £1,160 |
| Standard (35hrs) | £100,100 | £68,595 | £5,716 | £1,319 |
| Full-time (37.5hrs) | £107,250 | £71,312 | £5,943 | £1,371 |
| Full-time (40hrs) | £114,400 | £74,029 | £6,169 | £1,424 |
Customise Your Calculation
Enter Your Hourly Rate
Calculate your annual salary for 2025/26
£/hour
Use 52 for full year including paid holiday
Your Take-Home Pay
£55 × 37.5hrs × 52 weeks
£107,250
Annual Gross Salary
Monthly Take-Home
£5,942.70
Yearly Take-Home
£71,312
Income Tax-£31,782/yr
National Insurance-£4,156/yr
Total Deductions-£35,938/yr
Effective Hourly Rate
After tax and NI
£36.57/hr
Compare Similar Hourly Rates
Frequently Asked Questions
How much is £55 per hour annually?
£55 per hour equals £107,250 per year (based on 37.5 hours per week, 52 weeks). After tax, your take-home pay would be approximately £71,312 per year or £5,943 per month.
What is the take home pay on £55 an hour?
On £55/hour (37.5 hours/week), your take-home pay after tax and National Insurance is approximately £71,312 per year, £5,943 per month, or £1,371 per week.
Is £55 per hour a good wage in the UK?
£55/hour equates to an annual salary of £107,250. The UK National Living Wage (for 21+) is £12.21/hour from April 2025. The average UK hourly wage is around £18-20/hour. £55/hour is above average and considered a good wage.