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Updated for 2025/26

£15,412 vs £20,726 Salary Comparison

Compare a £15,412 salary against £20,726. 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

£
£

Comparison Results

Metric£15,412£20,726Difference
Gross Salary£15,412£20,726£5,314
Income Tax£568£1,631£1,063
National Insurance£227£652£425
Pension£0£0£0
Take-Home Pay (Yearly)
£14,616
£18,442
£3,826
Take-Home (Monthly)£1,218£1,537£319
Effective Tax Rate5.2%11.0%5.9%

£15,412

Gross£15,412
Take-Home£14,616
You Keep94.8%

£20,726

Gross£20,726
Take-Home£18,442
You Keep89.0%

Tax Band Analysis

Understanding where your money goes

£15,412

Tax BandBasic Rate
Marginal Rate20%
Income Tax£568.40
National Insurance£227.36
Take Home (Monthly)£1,218.02

£20,726

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,631.20
National Insurance£652.48
Take Home (Monthly)£1,536.86

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: £15,412 vs £20,726

£15,412

  • Gross Pay£15,412.00
  • Take Home (Year)£14,616.24
  • Take Home (Month)£1,218.02
  • Effective Tax Rate5.2%

£20,726

  • Gross Pay£20,726.00
  • Take Home (Year)£18,442.32
  • Take Home (Month)£1,536.86
  • Effective Tax Rate11.0%

The difference in take-home pay is £3,826 per year, which works out to £318.84 per month.