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Updated for 2025/26

£15,367 vs £20,367 Salary Comparison

Compare a £15,367 salary against £20,367. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£300.00
per month
You Keep
72%
of the raise
5-Year Gain
+£18,000
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£15,367£20,367Difference
Gross Salary£15,367£20,367£5,000
Income Tax£559£1,559£1,000
National Insurance£224£624£400
Pension£0£0£0
Take-Home Pay (Yearly)
£14,584
£18,184
£3,600
Take-Home (Monthly)£1,215£1,515£300
Effective Tax Rate5.1%10.7%5.6%

£15,367

Gross£15,367
Take-Home£14,584
You Keep94.9%

£20,367

Gross£20,367
Take-Home£18,184
You Keep89.3%

Tax Band Analysis

Understanding where your money goes

£15,367

Tax BandBasic Rate
Marginal Rate20%
Income Tax£559.40
National Insurance£223.76
Take Home (Monthly)£1,215.32

£20,367

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,559.40
National Insurance£623.76
Take Home (Monthly)£1,515.32

What £300.00 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: £15,367 vs £20,367

£15,367

  • Gross Pay£15,367.00
  • Take Home (Year)£14,583.84
  • Take Home (Month)£1,215.32
  • Effective Tax Rate5.1%

£20,367

  • Gross Pay£20,367.00
  • Take Home (Year)£18,183.84
  • Take Home (Month)£1,515.32
  • Effective Tax Rate10.7%

The difference in take-home pay is £3,600 per year, which works out to £300.00 per month.