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Updated for 2025/26

£120,300 vs £125,300 Salary Comparison

Compare a £120,300 salary against £125,300. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£160.33
per month
You Keep
38%
of the raise
5-Year Gain
+£9,620
cumulative

Senior Leadership Compensation

At this level, tax efficiency becomes crucial. Between £100,000.00-£125,140.00, you face an effective 60% marginal rate as personal allowance is withdrawn.

  • The £100k-£125k "trap" means earning £100k often leaves you with more than £115k
  • Employer pension contributions can reduce taxable income below key thresholds
  • Consider spreading bonuses across tax years where possible
  • Professional tax advice typically pays for itself at this level

Compare Salaries

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

£
£

Comparison Results

Metric£120,300£125,300Difference
Gross Salary£120,300£125,300£5,000
Income Tax£39,612£42,588£2,976
National Insurance£4,417£4,517£100
Pension£0£0£0
Take-Home Pay (Yearly)
£76,271
£78,195
£1,924
Take-Home (Monthly)£6,356£6,516£160
Effective Tax Rate36.6%37.6%1.0%

£120,300

Gross£120,300
Take-Home£76,271
You Keep63.4%

£125,300

Gross£125,300
Take-Home£78,195
You Keep62.4%

Tax Band Analysis

Understanding where your money goes

£120,300

Tax BandHigher Rate
Marginal Rate40%
Income Tax£39,612.00
National Insurance£4,416.60
Take Home (Monthly)£6,355.95

£125,300

Tax BandAdditional Rate
Marginal Rate45%
Income Tax£42,588.00
National Insurance£4,516.60
Take Home (Monthly)£6,516.28

Tax Band Change: This salary increase crosses from the Higher Rate (40%) into the Additional Rate (45%). The portion above £125,140.00 will be taxed at the higher rate.

What £160.33 Extra Buys You

Real-world value of the take-home difference

Monthly Subscriptions
Netflix, Spotify, gym - £100.00/mo

Full Comparison: £120,300 vs £125,300

£120,300

  • Gross Pay£120,300.00
  • Take Home (Year)£76,271.40
  • Take Home (Month)£6,355.95
  • Effective Tax Rate36.6%

£125,300

  • Gross Pay£125,300.00
  • Take Home (Year)£78,195.40
  • Take Home (Month)£6,516.28
  • Effective Tax Rate37.6%

The difference in take-home pay is £1,924 per year, which works out to £160.33 per month.