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Updated for 2025/26

£14,994 vs £19,994 Salary Comparison

Compare a £14,994 salary against £19,994. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£300.00
per month
You Keep
72%
of the raise
5-Year Gain
+£18,000
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£14,994£19,994Difference
Gross Salary£14,994£19,994£5,000
Income Tax£485£1,485£1,000
National Insurance£194£594£400
Pension£0£0£0
Take-Home Pay (Yearly)
£14,315
£17,915
£3,600
Take-Home (Monthly)£1,193£1,493£300
Effective Tax Rate4.5%10.4%5.9%

£14,994

Gross£14,994
Take-Home£14,315
You Keep95.5%

£19,994

Gross£19,994
Take-Home£17,915
You Keep89.6%

Tax Band Analysis

Understanding where your money goes

£14,994

Tax BandBasic Rate
Marginal Rate20%
Income Tax£484.80
National Insurance£193.92
Take Home (Monthly)£1,192.94

£19,994

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,484.80
National Insurance£593.92
Take Home (Monthly)£1,492.94

What £300.00 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: £14,994 vs £19,994

£14,994

  • Gross Pay£14,994.00
  • Take Home (Year)£14,315.28
  • Take Home (Month)£1,192.94
  • Effective Tax Rate4.5%

£19,994

  • Gross Pay£19,994.00
  • Take Home (Year)£17,915.28
  • Take Home (Month)£1,492.94
  • Effective Tax Rate10.4%

The difference in take-home pay is £3,600 per year, which works out to £300.00 per month.