Updated for 2025/26
£15,318 vs £24,368 Salary Comparison
Compare a £15,318 salary against £24,368. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£9,050
per year
Take Home Extra
+£543.00
per month
You Keep
72%
of the raise
5-Year Gain
+£32,580
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 | £15,318 | £24,368 | Difference |
|---|---|---|---|
| Gross Salary | £15,318 | £24,368 | £9,050 |
| Income Tax | £550 | £2,360 | £1,810 |
| National Insurance | £220 | £944 | £724 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,549 | £21,065 | £6,516 |
| Take-Home (Monthly) | £1,212 | £1,755 | £543 |
| Effective Tax Rate | 5.0% | 13.6% | 8.5% |
£15,318
Gross£15,318
Take-Home£14,549
You Keep95.0%
£24,368
Gross£24,368
Take-Home£21,065
You Keep86.4%
Tax Band Analysis
Understanding where your money goes
£15,318
Tax BandBasic Rate
Marginal Rate20%
Income Tax£549.60
National Insurance£219.84
Take Home (Monthly)£1,212.38
£24,368
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,359.60
National Insurance£943.84
Take Home (Monthly)£1,755.38
What £543.00 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
£6,516.00/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease
Full Comparison: £15,318 vs £24,368
£15,318
- Gross Pay£15,318.00
- Take Home (Year)£14,548.56
- Take Home (Month)£1,212.38
- Effective Tax Rate5.0%
£24,368
- Gross Pay£24,368.00
- Take Home (Year)£21,064.56
- Take Home (Month)£1,755.38
- Effective Tax Rate13.6%
The difference in take-home pay is £6,516 per year, which works out to £543.00 per month.