Updated for 2025/26
£15,027 vs £23,987 Salary Comparison
Compare a £15,027 salary against £23,987. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£8,960
per year
Take Home Extra
+£537.60
per month
You Keep
72%
of the raise
5-Year Gain
+£32,256
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
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Comparison Results
| Metric | £15,027 | £23,987 | Difference |
|---|---|---|---|
| Gross Salary | £15,027 | £23,987 | £8,960 |
| Income Tax | £491 | £2,283 | £1,792 |
| National Insurance | £197 | £913 | £717 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,339 | £20,790 | £6,451 |
| Take-Home (Monthly) | £1,195 | £1,733 | £538 |
| Effective Tax Rate | 4.6% | 13.3% | 8.7% |
£15,027
Gross£15,027
Take-Home£14,339
You Keep95.4%
£23,987
Gross£23,987
Take-Home£20,790
You Keep86.7%
Tax Band Analysis
Understanding where your money goes
£15,027
Tax BandBasic Rate
Marginal Rate20%
Income Tax£491.40
National Insurance£196.56
Take Home (Monthly)£1,194.92
£23,987
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,283.40
National Insurance£913.36
Take Home (Monthly)£1,732.52
What £537.60 Extra Buys You
Real-world value of the take-home difference
Monthly Subscriptions
Netflix, Spotify, gym - £100.00/mo
Weekend Breaks
1-2 UK getaways per month at this budget
Savings Boost
£6,451.20/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease
Full Comparison: £15,027 vs £23,987
£15,027
- Gross Pay£15,027.00
- Take Home (Year)£14,339.04
- Take Home (Month)£1,194.92
- Effective Tax Rate4.6%
£23,987
- Gross Pay£23,987.00
- Take Home (Year)£20,790.24
- Take Home (Month)£1,732.52
- Effective Tax Rate13.3%
The difference in take-home pay is £6,451 per year, which works out to £537.60 per month.