Updated for 2025/26
£18,372 vs £23,372 Salary Comparison
Compare a £18,372 salary against £23,372. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£5,000
per year
Take Home Extra
+£300.00
per month
You Keep
72%
of the raise
5-Year Gain
+£18,000
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 | £18,372 | £23,372 | Difference |
|---|---|---|---|
| Gross Salary | £18,372 | £23,372 | £5,000 |
| Income Tax | £1,160 | £2,160 | £1,000 |
| National Insurance | £464 | £864 | £400 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £16,747 | £20,347 | £3,600 |
| Take-Home (Monthly) | £1,396 | £1,696 | £300 |
| Effective Tax Rate | 8.8% | 12.9% | 4.1% |
£18,372
Gross£18,372
Take-Home£16,747
You Keep91.2%
£23,372
Gross£23,372
Take-Home£20,347
You Keep87.1%
Tax Band Analysis
Understanding where your money goes
£18,372
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,160.40
National Insurance£464.16
Take Home (Monthly)£1,395.62
£23,372
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,160.40
National Insurance£864.16
Take Home (Monthly)£1,695.62
What £300.00 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: £18,372 vs £23,372
£18,372
- Gross Pay£18,372.00
- Take Home (Year)£16,747.44
- Take Home (Month)£1,395.62
- Effective Tax Rate8.8%
£23,372
- Gross Pay£23,372.00
- Take Home (Year)£20,347.44
- Take Home (Month)£1,695.62
- Effective Tax Rate12.9%
The difference in take-home pay is £3,600 per year, which works out to £300.00 per month.