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Updated for 2025/26

£15,041 vs £21,031 Salary Comparison

Compare a £15,041 salary against £21,031. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,990
per year
Take Home Extra
+£359.40
per month
You Keep
72%
of the raise
5-Year Gain
+£21,564
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£15,041£21,031Difference
Gross Salary£15,041£21,031£5,990
Income Tax£494£1,692£1,198
National Insurance£198£677£479
Pension£0£0£0
Take-Home Pay (Yearly)
£14,349
£18,662
£4,313
Take-Home (Monthly)£1,196£1,555£359
Effective Tax Rate4.6%11.3%6.7%

£15,041

Gross£15,041
Take-Home£14,349
You Keep95.4%

£21,031

Gross£21,031
Take-Home£18,662
You Keep88.7%

Tax Band Analysis

Understanding where your money goes

£15,041

Tax BandBasic Rate
Marginal Rate20%
Income Tax£494.20
National Insurance£197.68
Take Home (Monthly)£1,195.76

£21,031

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,692.20
National Insurance£676.88
Take Home (Monthly)£1,555.16

What £359.40 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: £15,041 vs £21,031

£15,041

  • Gross Pay£15,041.00
  • Take Home (Year)£14,349.12
  • Take Home (Month)£1,195.76
  • Effective Tax Rate4.6%

£21,031

  • Gross Pay£21,031.00
  • Take Home (Year)£18,661.92
  • Take Home (Month)£1,555.16
  • Effective Tax Rate11.3%

The difference in take-home pay is £4,313 per year, which works out to £359.40 per month.