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Updated for 2025/26

£12,088 vs £15,040 Salary Comparison

Compare a £12,088 salary against £15,040. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£2,952
per year
Take Home Extra
+£188.37
per month
You Keep
77%
of the raise
5-Year Gain
+£11,302
cumulative

Entry-Level Career Progression

This comparison is typical for early career moves or first promotions. At this salary range, most of your income is taxed at the basic rate (20%), so you keep a higher percentage of any raise.

  • Negotiate hard - you keep ~70-80% of any increase at this level
  • Consider employers offering good pension matching (often worth more than small salary differences)
  • Look for roles with clear progression paths to higher bands
  • Factor in benefits like free lunches, gym memberships, or transport subsidies

Compare Salaries

Enter multiple salaries to compare take-home pay for 2025/26

£
£

Comparison Results

Metric£12,088£15,040Difference
Gross Salary£12,088£15,040£2,952
Income Tax£0£494£494
National Insurance£0£198£198
Pension£0£0£0
Take-Home Pay (Yearly)
£12,088
£14,348
£2,260
Take-Home (Monthly)£1,007£1,196£188
Effective Tax Rate0.0%4.6%4.6%

£12,088

Gross£12,088
Take-Home£12,088
You Keep100.0%

£15,040

Gross£15,040
Take-Home£14,348
You Keep95.4%

Tax Band Analysis

Understanding where your money goes

£12,088

Tax BandPersonal Allowance
Marginal Rate0%
Income Tax£0.00
National Insurance£0.00
Take Home (Monthly)£1,007.33

£15,040

Tax BandBasic Rate
Marginal Rate20%
Income Tax£494.00
National Insurance£197.60
Take Home (Monthly)£1,195.70

Tax Band Change: This salary increase crosses from the Personal Allowance (0%) into the Basic Rate (20%). The portion above £12,570.00 will be taxed at the higher rate.

What £188.37 Extra Buys You

Real-world value of the take-home difference

Monthly Subscriptions
Netflix, Spotify, gym - £100.00/mo

Full Comparison: £12,088 vs £15,040

£12,088

  • Gross Pay£12,088.00
  • Take Home (Year)£12,088.00
  • Take Home (Month)£1,007.33
  • Effective Tax Rate0.0%

£15,040

  • Gross Pay£15,040.00
  • Take Home (Year)£14,348.40
  • Take Home (Month)£1,195.70
  • Effective Tax Rate4.6%

The difference in take-home pay is £2,260 per year, which works out to £188.37 per month.