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Updated for 2025/26

£15,466 vs £20,367 Salary Comparison

Compare a £15,466 salary against £20,367. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,901
per year
Take Home Extra
+£294.06
per month
You Keep
72%
of the raise
5-Year Gain
+£17,644
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£15,466£20,367Difference
Gross Salary£15,466£20,367£4,901
Income Tax£579£1,559£980
National Insurance£232£624£392
Pension£0£0£0
Take-Home Pay (Yearly)
£14,655
£18,184
£3,529
Take-Home (Monthly)£1,221£1,515£294
Effective Tax Rate5.2%10.7%5.5%

£15,466

Gross£15,466
Take-Home£14,655
You Keep94.8%

£20,367

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

Tax Band Analysis

Understanding where your money goes

£15,466

Tax BandBasic Rate
Marginal Rate20%
Income Tax£579.20
National Insurance£231.68
Take Home (Monthly)£1,221.26

£20,367

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

What £294.06 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: £15,466 vs £20,367

£15,466

  • Gross Pay£15,466.00
  • Take Home (Year)£14,655.12
  • Take Home (Month)£1,221.26
  • Effective Tax Rate5.2%

£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 £3,529 per year, which works out to £294.06 per month.