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Updated for 2025/26

£14,006 vs £20,372 Salary Comparison

Compare a £14,006 salary against £20,372. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£6,366
per year
Take Home Extra
+£381.96
per month
You Keep
72%
of the raise
5-Year Gain
+£22,918
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£14,006£20,372Difference
Gross Salary£14,006£20,372£6,366
Income Tax£287£1,560£1,273
National Insurance£115£624£509
Pension£0£0£0
Take-Home Pay (Yearly)
£13,604
£18,187
£4,584
Take-Home (Monthly)£1,134£1,516£382
Effective Tax Rate2.9%10.7%7.9%

£14,006

Gross£14,006
Take-Home£13,604
You Keep97.1%

£20,372

Gross£20,372
Take-Home£18,187
You Keep89.3%

Tax Band Analysis

Understanding where your money goes

£14,006

Tax BandBasic Rate
Marginal Rate20%
Income Tax£287.20
National Insurance£114.88
Take Home (Monthly)£1,133.66

£20,372

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,560.40
National Insurance£624.16
Take Home (Monthly)£1,515.62

What £381.96 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: £14,006 vs £20,372

£14,006

  • Gross Pay£14,006.00
  • Take Home (Year)£13,603.92
  • Take Home (Month)£1,133.66
  • Effective Tax Rate2.9%

£20,372

  • Gross Pay£20,372.00
  • Take Home (Year)£18,187.44
  • Take Home (Month)£1,515.62
  • Effective Tax Rate10.7%

The difference in take-home pay is £4,584 per year, which works out to £381.96 per month.