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Updated for 2025/26

£15,342 vs £21,486 Salary Comparison

Compare a £15,342 salary against £21,486. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£6,144
per year
Take Home Extra
+£368.64
per month
You Keep
72%
of the raise
5-Year Gain
+£22,118
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£15,342£21,486Difference
Gross Salary£15,342£21,486£6,144
Income Tax£554£1,783£1,229
National Insurance£222£713£492
Pension£0£0£0
Take-Home Pay (Yearly)
£14,566
£18,990
£4,424
Take-Home (Monthly)£1,214£1,582£369
Effective Tax Rate5.1%11.6%6.6%

£15,342

Gross£15,342
Take-Home£14,566
You Keep94.9%

£21,486

Gross£21,486
Take-Home£18,990
You Keep88.4%

Tax Band Analysis

Understanding where your money goes

£15,342

Tax BandBasic Rate
Marginal Rate20%
Income Tax£554.40
National Insurance£221.76
Take Home (Monthly)£1,213.82

£21,486

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,783.20
National Insurance£713.28
Take Home (Monthly)£1,582.46

What £368.64 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: £15,342 vs £21,486

£15,342

  • Gross Pay£15,342.00
  • Take Home (Year)£14,565.84
  • Take Home (Month)£1,213.82
  • Effective Tax Rate5.1%

£21,486

  • Gross Pay£21,486.00
  • Take Home (Year)£18,989.52
  • Take Home (Month)£1,582.46
  • Effective Tax Rate11.6%

The difference in take-home pay is £4,424 per year, which works out to £368.64 per month.