Updated for 2025/26
£15,094 vs £20,408 Salary Comparison
Compare a £15,094 salary against £20,408. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£5,314
per year
Take Home Extra
+£318.84
per month
You Keep
72%
of the raise
5-Year Gain
+£19,130
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 | £15,094 | £20,408 | Difference |
|---|---|---|---|
| Gross Salary | £15,094 | £20,408 | £5,314 |
| Income Tax | £505 | £1,568 | £1,063 |
| National Insurance | £202 | £627 | £425 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,387 | £18,213 | £3,826 |
| Take-Home (Monthly) | £1,199 | £1,518 | £319 |
| Effective Tax Rate | 4.7% | 10.8% | 6.1% |
£15,094
Gross£15,094
Take-Home£14,387
You Keep95.3%
£20,408
Gross£20,408
Take-Home£18,213
You Keep89.2%
Tax Band Analysis
Understanding where your money goes
£15,094
Tax BandBasic Rate
Marginal Rate20%
Income Tax£504.80
National Insurance£201.92
Take Home (Monthly)£1,198.94
£20,408
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,567.60
National Insurance£627.04
Take Home (Monthly)£1,517.78
What £318.84 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
Full Comparison: £15,094 vs £20,408
£15,094
- Gross Pay£15,094.00
- Take Home (Year)£14,387.28
- Take Home (Month)£1,198.94
- Effective Tax Rate4.7%
£20,408
- Gross Pay£20,408.00
- Take Home (Year)£18,213.36
- Take Home (Month)£1,517.78
- Effective Tax Rate10.8%
The difference in take-home pay is £3,826 per year, which works out to £318.84 per month.