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Updated for 2025/26

£18,365 vs £24,962 Salary Comparison

Compare a £18,365 salary against £24,962. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£6,597
per year
Take Home Extra
+£395.82
per month
You Keep
72%
of the raise
5-Year Gain
+£23,749
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£18,365£24,962Difference
Gross Salary£18,365£24,962£6,597
Income Tax£1,159£2,478£1,319
National Insurance£464£991£528
Pension£0£0£0
Take-Home Pay (Yearly)
£16,742
£21,492
£4,750
Take-Home (Monthly)£1,395£1,791£396
Effective Tax Rate8.8%13.9%5.1%

£18,365

Gross£18,365
Take-Home£16,742
You Keep91.2%

£24,962

Gross£24,962
Take-Home£21,492
You Keep86.1%

Tax Band Analysis

Understanding where your money goes

£18,365

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,159.00
National Insurance£463.60
Take Home (Monthly)£1,395.20

£24,962

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,478.40
National Insurance£991.36
Take Home (Monthly)£1,791.02

What £395.82 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: £18,365 vs £24,962

£18,365

  • Gross Pay£18,365.00
  • Take Home (Year)£16,742.40
  • Take Home (Month)£1,395.20
  • Effective Tax Rate8.8%

£24,962

  • Gross Pay£24,962.00
  • Take Home (Year)£21,492.24
  • Take Home (Month)£1,791.02
  • Effective Tax Rate13.9%

The difference in take-home pay is £4,750 per year, which works out to £395.82 per month.