Updated for 2025/26
£16,320 vs £20,329 Salary Comparison
Compare a £16,320 salary against £20,329. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£4,009
per year
Take Home Extra
+£240.54
per month
You Keep
72%
of the raise
5-Year Gain
+£14,432
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 | £16,320 | £20,329 | Difference |
|---|---|---|---|
| Gross Salary | £16,320 | £20,329 | £4,009 |
| Income Tax | £750 | £1,552 | £802 |
| National Insurance | £300 | £621 | £321 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £15,270 | £18,156 | £2,886 |
| Take-Home (Monthly) | £1,273 | £1,513 | £241 |
| Effective Tax Rate | 6.4% | 10.7% | 4.3% |
£16,320
Gross£16,320
Take-Home£15,270
You Keep93.6%
£20,329
Gross£20,329
Take-Home£18,156
You Keep89.3%
Tax Band Analysis
Understanding where your money goes
£16,320
Tax BandBasic Rate
Marginal Rate20%
Income Tax£750.00
National Insurance£300.00
Take Home (Monthly)£1,272.50
£20,329
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,551.80
National Insurance£620.72
Take Home (Monthly)£1,513.04
What £240.54 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: £16,320 vs £20,329
£16,320
- Gross Pay£16,320.00
- Take Home (Year)£15,270.00
- Take Home (Month)£1,272.50
- Effective Tax Rate6.4%
£20,329
- Gross Pay£20,329.00
- Take Home (Year)£18,156.48
- Take Home (Month)£1,513.04
- Effective Tax Rate10.7%
The difference in take-home pay is £2,886 per year, which works out to £240.54 per month.