Updated for 2025/26
£15,080 vs £40,000 Salary Comparison
Compare a £15,080 salary against £40,000. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£24,920
per year
Take Home Extra
+£1,495.20
per month
You Keep
72%
of the raise
5-Year Gain
+£89,712
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 | £15,080 | £40,000 | Difference |
|---|---|---|---|
| Gross Salary | £15,080 | £40,000 | £24,920 |
| Income Tax | £502 | £5,486 | £4,984 |
| National Insurance | £201 | £2,194 | £1,994 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,377 | £32,320 | £17,942 |
| Take-Home (Monthly) | £1,198 | £2,693 | £1,495 |
| Effective Tax Rate | 4.7% | 19.2% | 14.5% |
£15,080
Gross£15,080
Take-Home£14,377
You Keep95.3%
£40,000
Gross£40,000
Take-Home£32,320
You Keep80.8%
Tax Band Analysis
Understanding where your money goes
£15,080
Tax BandBasic Rate
Marginal Rate20%
Income Tax£502.00
National Insurance£200.80
Take Home (Monthly)£1,198.10
£40,000
Tax BandBasic Rate
Marginal Rate20%
Income Tax£5,486.00
National Insurance£2,194.40
Take Home (Monthly)£2,693.30
What £1,495.20 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
£17,942.40/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease
Full Comparison: £15,080 vs £40,000
£15,080
- Gross Pay£15,080.00
- Take Home (Year)£14,377.20
- Take Home (Month)£1,198.10
- Effective Tax Rate4.7%
£40,000
- Gross Pay£40,000.00
- Take Home (Year)£32,319.60
- Take Home (Month)£2,693.30
- Effective Tax Rate19.2%
The difference in take-home pay is £17,942 per year, which works out to £1,495.20 per month.