Updated for 2025/26
£15,375 vs £23,520 Salary Comparison
Compare a £15,375 salary against £23,520. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£8,145
per year
Take Home Extra
+£488.70
per month
You Keep
72%
of the raise
5-Year Gain
+£29,322
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 | £15,375 | £23,520 | Difference |
|---|---|---|---|
| Gross Salary | £15,375 | £23,520 | £8,145 |
| Income Tax | £561 | £2,190 | £1,629 |
| National Insurance | £224 | £876 | £652 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,590 | £20,454 | £5,864 |
| Take-Home (Monthly) | £1,216 | £1,705 | £489 |
| Effective Tax Rate | 5.1% | 13.0% | 7.9% |
£15,375
Gross£15,375
Take-Home£14,590
You Keep94.9%
£23,520
Gross£23,520
Take-Home£20,454
You Keep87.0%
Tax Band Analysis
Understanding where your money goes
£15,375
Tax BandBasic Rate
Marginal Rate20%
Income Tax£561.00
National Insurance£224.40
Take Home (Monthly)£1,215.80
£23,520
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,190.00
National Insurance£876.00
Take Home (Monthly)£1,704.50
What £488.70 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
£5,864.40/year extra into savings or investments
Full Comparison: £15,375 vs £23,520
£15,375
- Gross Pay£15,375.00
- Take Home (Year)£14,589.60
- Take Home (Month)£1,215.80
- Effective Tax Rate5.1%
£23,520
- Gross Pay£23,520.00
- Take Home (Year)£20,454.00
- Take Home (Month)£1,704.50
- Effective Tax Rate13.0%
The difference in take-home pay is £5,864 per year, which works out to £488.70 per month.