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Updated for 2025/26

£14,718 vs £18,728 Salary Comparison

Compare a £14,718 salary against £18,728. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,010
per year
Take Home Extra
+£240.60
per month
You Keep
72%
of the raise
5-Year Gain
+£14,436
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£14,718£18,728Difference
Gross Salary£14,718£18,728£4,010
Income Tax£430£1,232£802
National Insurance£172£493£321
Pension£0£0£0
Take-Home Pay (Yearly)
£14,117
£17,004
£2,887
Take-Home (Monthly)£1,176£1,417£241
Effective Tax Rate4.1%9.2%5.1%

£14,718

Gross£14,718
Take-Home£14,117
You Keep95.9%

£18,728

Gross£18,728
Take-Home£17,004
You Keep90.8%

Tax Band Analysis

Understanding where your money goes

£14,718

Tax BandBasic Rate
Marginal Rate20%
Income Tax£429.60
National Insurance£171.84
Take Home (Monthly)£1,176.38

£18,728

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,231.60
National Insurance£492.64
Take Home (Monthly)£1,416.98

What £240.60 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: £14,718 vs £18,728

£14,718

  • Gross Pay£14,718.00
  • Take Home (Year)£14,116.56
  • Take Home (Month)£1,176.38
  • Effective Tax Rate4.1%

£18,728

  • Gross Pay£18,728.00
  • Take Home (Year)£17,003.76
  • Take Home (Month)£1,416.98
  • Effective Tax Rate9.2%

The difference in take-home pay is £2,887 per year, which works out to £240.60 per month.