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Updated for 2025/26

£14,970 vs £20,959 Salary Comparison

Compare a £14,970 salary against £20,959. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,989
per year
Take Home Extra
+£359.34
per month
You Keep
72%
of the raise
5-Year Gain
+£21,560
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£14,970£20,959Difference
Gross Salary£14,970£20,959£5,989
Income Tax£480£1,678£1,198
National Insurance£192£671£479
Pension£0£0£0
Take-Home Pay (Yearly)
£14,298
£18,610
£4,312
Take-Home (Monthly)£1,192£1,551£359
Effective Tax Rate4.5%11.2%6.7%

£14,970

Gross£14,970
Take-Home£14,298
You Keep95.5%

£20,959

Gross£20,959
Take-Home£18,610
You Keep88.8%

Tax Band Analysis

Understanding where your money goes

£14,970

Tax BandBasic Rate
Marginal Rate20%
Income Tax£480.00
National Insurance£192.00
Take Home (Monthly)£1,191.50

£20,959

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,677.80
National Insurance£671.12
Take Home (Monthly)£1,550.84

What £359.34 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: £14,970 vs £20,959

£14,970

  • Gross Pay£14,970.00
  • Take Home (Year)£14,298.00
  • Take Home (Month)£1,191.50
  • Effective Tax Rate4.5%

£20,959

  • Gross Pay£20,959.00
  • Take Home (Year)£18,610.08
  • Take Home (Month)£1,550.84
  • Effective Tax Rate11.2%

The difference in take-home pay is £4,312 per year, which works out to £359.34 per month.