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Updated for 2025/26

£71,015 vs £76,015 Salary Comparison

Compare a £71,015 salary against £76,015. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£241.67
per month
You Keep
58%
of the raise
5-Year Gain
+£14,500
cumulative

Higher Rate Tax Threshold

One or both salaries cross the higher rate threshold (£50,271.00). Above this, you pay 40% tax on additional earnings, so the actual take-home difference is smaller than it appears.

  • Pension contributions above £50,271 save 40% tax - very valuable
  • Consider salary sacrifice schemes for electric cars or cycle-to-work
  • Above £60k, child benefit starts being clawed back (if applicable)
  • Equity or bonus structures may be more tax-efficient than base salary

Compare Salaries

Enter multiple salaries to compare take-home pay for 2025/26

£
£

Comparison Results

Metric£71,015£76,015Difference
Gross Salary£71,015£76,015£5,000
Income Tax£15,838£17,838£2,000
National Insurance£3,431£3,531£100
Pension£0£0£0
Take-Home Pay (Yearly)
£51,746
£54,646
£2,900
Take-Home (Monthly)£4,312£4,554£242
Effective Tax Rate27.1%28.1%1.0%

£71,015

Gross£71,015
Take-Home£51,746
You Keep72.9%

£76,015

Gross£76,015
Take-Home£54,646
You Keep71.9%

Tax Band Analysis

Understanding where your money goes

£71,015

Tax BandHigher Rate
Marginal Rate40%
Income Tax£15,838.00
National Insurance£3,430.90
Take Home (Monthly)£4,312.18

£76,015

Tax BandHigher Rate
Marginal Rate40%
Income Tax£17,838.00
National Insurance£3,530.90
Take Home (Monthly)£4,553.84

What £241.67 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: £71,015 vs £76,015

£71,015

  • Gross Pay£71,015.00
  • Take Home (Year)£51,746.10
  • Take Home (Month)£4,312.18
  • Effective Tax Rate27.1%

£76,015

  • Gross Pay£76,015.00
  • Take Home (Year)£54,646.10
  • Take Home (Month)£4,553.84
  • Effective Tax Rate28.1%

The difference in take-home pay is £2,900 per year, which works out to £241.67 per month.