Updated for 2025/26
£15,463 vs £31,463 Salary Comparison
Compare a £15,463 salary against £31,463. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£16,000
per year
Take Home Extra
+£960.00
per month
You Keep
72%
of the raise
5-Year Gain
+£57,600
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 | £15,463 | £31,463 | Difference |
|---|---|---|---|
| Gross Salary | £15,463 | £31,463 | £16,000 |
| Income Tax | £579 | £3,779 | £3,200 |
| National Insurance | £231 | £1,511 | £1,280 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,653 | £26,173 | £11,520 |
| Take-Home (Monthly) | £1,221 | £2,181 | £960 |
| Effective Tax Rate | 5.2% | 16.8% | 11.6% |
£15,463
Gross£15,463
Take-Home£14,653
You Keep94.8%
£31,463
Gross£31,463
Take-Home£26,173
You Keep83.2%
Tax Band Analysis
Understanding where your money goes
£15,463
Tax BandBasic Rate
Marginal Rate20%
Income Tax£578.60
National Insurance£231.44
Take Home (Monthly)£1,221.08
£31,463
Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,778.60
National Insurance£1,511.44
Take Home (Monthly)£2,181.08
What £960.00 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
£11,520.00/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease
Full Comparison: £15,463 vs £31,463
£15,463
- Gross Pay£15,463.00
- Take Home (Year)£14,652.96
- Take Home (Month)£1,221.08
- Effective Tax Rate5.2%
£31,463
- Gross Pay£31,463.00
- Take Home (Year)£26,172.96
- Take Home (Month)£2,181.08
- Effective Tax Rate16.8%
The difference in take-home pay is £11,520 per year, which works out to £960.00 per month.