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Updated for 2025/26

£10,620 vs £15,620 Salary Comparison

Compare a £10,620 salary against £15,620. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£345.50
per month
You Keep
83%
of the raise
5-Year Gain
+£20,730
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£10,620£15,620Difference
Gross Salary£10,620£15,620£5,000
Income Tax£0£610£610
National Insurance£0£244£244
Pension£0£0£0
Take-Home Pay (Yearly)
£10,620
£14,766
£4,146
Take-Home (Monthly)£885£1,231£346
Effective Tax Rate0.0%5.5%5.5%

£10,620

Gross£10,620
Take-Home£10,620
You Keep100.0%

£15,620

Gross£15,620
Take-Home£14,766
You Keep94.5%

Tax Band Analysis

Understanding where your money goes

£10,620

Tax BandPersonal Allowance
Marginal Rate0%
Income Tax£0.00
National Insurance£0.00
Take Home (Monthly)£885.00

£15,620

Tax BandBasic Rate
Marginal Rate20%
Income Tax£610.00
National Insurance£244.00
Take Home (Monthly)£1,230.50

Tax Band Change: This salary increase crosses from the Personal Allowance (0%) into the Basic Rate (20%). The portion above £12,570.00 will be taxed at the higher rate.

What £345.50 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: £10,620 vs £15,620

£10,620

  • Gross Pay£10,620.00
  • Take Home (Year)£10,620.00
  • Take Home (Month)£885.00
  • Effective Tax Rate0.0%

£15,620

  • Gross Pay£15,620.00
  • Take Home (Year)£14,766.00
  • Take Home (Month)£1,230.50
  • Effective Tax Rate5.5%

The difference in take-home pay is £4,146 per year, which works out to £345.50 per month.