Updated for 2025/26
£15,895 vs £20,262 Salary Comparison
Compare a £15,895 salary against £20,262. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£4,367
per year
Take Home Extra
+£262.02
per month
You Keep
72%
of the raise
5-Year Gain
+£15,721
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 | £15,895 | £20,262 | Difference |
|---|---|---|---|
| Gross Salary | £15,895 | £20,262 | £4,367 |
| Income Tax | £665 | £1,538 | £873 |
| National Insurance | £266 | £615 | £349 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,964 | £18,108 | £3,144 |
| Take-Home (Monthly) | £1,247 | £1,509 | £262 |
| Effective Tax Rate | 5.9% | 10.6% | 4.8% |
£15,895
Gross£15,895
Take-Home£14,964
You Keep94.1%
£20,262
Gross£20,262
Take-Home£18,108
You Keep89.4%
Tax Band Analysis
Understanding where your money goes
£15,895
Tax BandBasic Rate
Marginal Rate20%
Income Tax£665.00
National Insurance£266.00
Take Home (Monthly)£1,247.00
£20,262
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,538.40
National Insurance£615.36
Take Home (Monthly)£1,509.02
What £262.02 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: £15,895 vs £20,262
£15,895
- Gross Pay£15,895.00
- Take Home (Year)£14,964.00
- Take Home (Month)£1,247.00
- Effective Tax Rate5.9%
£20,262
- Gross Pay£20,262.00
- Take Home (Year)£18,108.24
- Take Home (Month)£1,509.02
- Effective Tax Rate10.6%
The difference in take-home pay is £3,144 per year, which works out to £262.02 per month.