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Updated for 2025/26

£15,023 vs £26,023 Salary Comparison

Compare a £15,023 salary against £26,023. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£11,000
per year
Take Home Extra
+£660.00
per month
You Keep
72%
of the raise
5-Year Gain
+£39,600
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£15,023£26,023Difference
Gross Salary£15,023£26,023£11,000
Income Tax£491£2,691£2,200
National Insurance£196£1,076£880
Pension£0£0£0
Take-Home Pay (Yearly)
£14,336
£22,256
£7,920
Take-Home (Monthly)£1,195£1,855£660
Effective Tax Rate4.6%14.5%9.9%

£15,023

Gross£15,023
Take-Home£14,336
You Keep95.4%

£26,023

Gross£26,023
Take-Home£22,256
You Keep85.5%

Tax Band Analysis

Understanding where your money goes

£15,023

Tax BandBasic Rate
Marginal Rate20%
Income Tax£490.60
National Insurance£196.24
Take Home (Monthly)£1,194.68

£26,023

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,690.60
National Insurance£1,076.24
Take Home (Monthly)£1,854.68

What £660.00 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
Savings Boost
£7,920.00/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £15,023 vs £26,023

£15,023

  • Gross Pay£15,023.00
  • Take Home (Year)£14,336.16
  • Take Home (Month)£1,194.68
  • Effective Tax Rate4.6%

£26,023

  • Gross Pay£26,023.00
  • Take Home (Year)£22,256.16
  • Take Home (Month)£1,854.68
  • Effective Tax Rate14.5%

The difference in take-home pay is £7,920 per year, which works out to £660.00 per month.