Updated for 2025/26
£24,918 vs £29,418 Salary Comparison
Compare a £24,918 salary against £29,418. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£4,500
per year
Take Home Extra
+£270.00
per month
You Keep
72%
of the raise
5-Year Gain
+£16,200
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 | £24,918 | £29,418 | Difference |
|---|---|---|---|
| Gross Salary | £24,918 | £29,418 | £4,500 |
| Income Tax | £2,470 | £3,370 | £900 |
| National Insurance | £988 | £1,348 | £360 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £21,461 | £24,701 | £3,240 |
| Take-Home (Monthly) | £1,788 | £2,058 | £270 |
| Effective Tax Rate | 13.9% | 16.0% | 2.2% |
£24,918
Gross£24,918
Take-Home£21,461
You Keep86.1%
£29,418
Gross£29,418
Take-Home£24,701
You Keep84.0%
Tax Band Analysis
Understanding where your money goes
£24,918
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,469.60
National Insurance£987.84
Take Home (Monthly)£1,788.38
£29,418
Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,369.60
National Insurance£1,347.84
Take Home (Monthly)£2,058.38
What £270.00 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: £24,918 vs £29,418
£24,918
- Gross Pay£24,918.00
- Take Home (Year)£21,460.56
- Take Home (Month)£1,788.38
- Effective Tax Rate13.9%
£29,418
- Gross Pay£29,418.00
- Take Home (Year)£24,700.56
- Take Home (Month)£2,058.38
- Effective Tax Rate16.0%
The difference in take-home pay is £3,240 per year, which works out to £270.00 per month.