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Updated for 2025/26

£11,001 vs £23,564 Salary Comparison

Compare a £11,001 salary against £23,564. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£12,563
per year
Take Home Extra
+£790.39
per month
You Keep
75%
of the raise
5-Year Gain
+£47,423
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£11,001£23,564Difference
Gross Salary£11,001£23,564£12,563
Income Tax£0£2,199£2,199
National Insurance£0£880£880
Pension£0£0£0
Take-Home Pay (Yearly)
£11,001
£20,486
£9,485
Take-Home (Monthly)£917£1,707£790
Effective Tax Rate0.0%13.1%13.1%

£11,001

Gross£11,001
Take-Home£11,001
You Keep100.0%

£23,564

Gross£23,564
Take-Home£20,486
You Keep86.9%

Tax Band Analysis

Understanding where your money goes

£11,001

Tax BandPersonal Allowance
Marginal Rate0%
Income Tax£0.00
National Insurance£0.00
Take Home (Monthly)£916.75

£23,564

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,198.80
National Insurance£879.52
Take Home (Monthly)£1,707.14

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 £790.39 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
Savings Boost
£9,484.68/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £11,001 vs £23,564

£11,001

  • Gross Pay£11,001.00
  • Take Home (Year)£11,001.00
  • Take Home (Month)£916.75
  • Effective Tax Rate0.0%

£23,564

  • Gross Pay£23,564.00
  • Take Home (Year)£20,485.68
  • Take Home (Month)£1,707.14
  • Effective Tax Rate13.1%

The difference in take-home pay is £9,485 per year, which works out to £790.39 per month.