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Updated for 2025/26

£15,420 vs £26,365 Salary Comparison

Compare a £15,420 salary against £26,365. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£10,945
per year
Take Home Extra
+£656.70
per month
You Keep
72%
of the raise
5-Year Gain
+£39,402
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£15,420£26,365Difference
Gross Salary£15,420£26,365£10,945
Income Tax£570£2,759£2,189
National Insurance£228£1,104£876
Pension£0£0£0
Take-Home Pay (Yearly)
£14,622
£22,502
£7,880
Take-Home (Monthly)£1,219£1,875£657
Effective Tax Rate5.2%14.7%9.5%

£15,420

Gross£15,420
Take-Home£14,622
You Keep94.8%

£26,365

Gross£26,365
Take-Home£22,502
You Keep85.3%

Tax Band Analysis

Understanding where your money goes

£15,420

Tax BandBasic Rate
Marginal Rate20%
Income Tax£570.00
National Insurance£228.00
Take Home (Monthly)£1,218.50

£26,365

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,759.00
National Insurance£1,103.60
Take Home (Monthly)£1,875.20

What £656.70 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
£7,880.40/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £15,420 vs £26,365

£15,420

  • Gross Pay£15,420.00
  • Take Home (Year)£14,622.00
  • Take Home (Month)£1,218.50
  • Effective Tax Rate5.2%

£26,365

  • Gross Pay£26,365.00
  • Take Home (Year)£22,502.40
  • Take Home (Month)£1,875.20
  • Effective Tax Rate14.7%

The difference in take-home pay is £7,880 per year, which works out to £656.70 per month.