Updated for 2025/26
£14,743 vs £18,388 Salary Comparison
Compare a £14,743 salary against £18,388. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£3,645
per year
Take Home Extra
+£218.70
per month
You Keep
72%
of the raise
5-Year Gain
+£13,122
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
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Comparison Results
| Metric | £14,743 | £18,388 | Difference |
|---|---|---|---|
| Gross Salary | £14,743 | £18,388 | £3,645 |
| Income Tax | £435 | £1,164 | £729 |
| National Insurance | £174 | £465 | £292 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,135 | £16,759 | £2,624 |
| Take-Home (Monthly) | £1,178 | £1,397 | £219 |
| Effective Tax Rate | 4.1% | 8.9% | 4.7% |
£14,743
Gross£14,743
Take-Home£14,135
You Keep95.9%
£18,388
Gross£18,388
Take-Home£16,759
You Keep91.1%
Tax Band Analysis
Understanding where your money goes
£14,743
Tax BandBasic Rate
Marginal Rate20%
Income Tax£434.60
National Insurance£173.84
Take Home (Monthly)£1,177.88
£18,388
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,163.60
National Insurance£465.44
Take Home (Monthly)£1,396.58
What £218.70 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: £14,743 vs £18,388
£14,743
- Gross Pay£14,743.00
- Take Home (Year)£14,134.56
- Take Home (Month)£1,177.88
- Effective Tax Rate4.1%
£18,388
- Gross Pay£18,388.00
- Take Home (Year)£16,758.96
- Take Home (Month)£1,396.58
- Effective Tax Rate8.9%
The difference in take-home pay is £2,624 per year, which works out to £218.70 per month.