Updated for 2025/26
£15,321 vs £29,731 Salary Comparison
Compare a £15,321 salary against £29,731. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£14,410
per year
Take Home Extra
+£864.60
per month
You Keep
72%
of the raise
5-Year Gain
+£51,876
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 | £15,321 | £29,731 | Difference |
|---|---|---|---|
| Gross Salary | £15,321 | £29,731 | £14,410 |
| Income Tax | £550 | £3,432 | £2,882 |
| National Insurance | £220 | £1,373 | £1,153 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,551 | £24,926 | £10,375 |
| Take-Home (Monthly) | £1,213 | £2,077 | £865 |
| Effective Tax Rate | 5.0% | 16.2% | 11.1% |
£15,321
Gross£15,321
Take-Home£14,551
You Keep95.0%
£29,731
Gross£29,731
Take-Home£24,926
You Keep83.8%
Tax Band Analysis
Understanding where your money goes
£15,321
Tax BandBasic Rate
Marginal Rate20%
Income Tax£550.20
National Insurance£220.08
Take Home (Monthly)£1,212.56
£29,731
Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,432.20
National Insurance£1,372.88
Take Home (Monthly)£2,077.16
What £864.60 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
£10,375.20/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease
Full Comparison: £15,321 vs £29,731
£15,321
- Gross Pay£15,321.00
- Take Home (Year)£14,550.72
- Take Home (Month)£1,212.56
- Effective Tax Rate5.0%
£29,731
- Gross Pay£29,731.00
- Take Home (Year)£24,925.92
- Take Home (Month)£2,077.16
- Effective Tax Rate16.2%
The difference in take-home pay is £10,375 per year, which works out to £864.60 per month.