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Updated for 2025/26

£15,626 vs £20,126 Salary Comparison

Compare a £15,626 salary against £20,126. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,500
per year
Take Home Extra
+£270.00
per month
You Keep
72%
of the raise
5-Year Gain
+£16,200
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£15,626£20,126Difference
Gross Salary£15,626£20,126£4,500
Income Tax£611£1,511£900
National Insurance£244£604£360
Pension£0£0£0
Take-Home Pay (Yearly)
£14,770
£18,010
£3,240
Take-Home (Monthly)£1,231£1,501£270
Effective Tax Rate5.5%10.5%5.0%

£15,626

Gross£15,626
Take-Home£14,770
You Keep94.5%

£20,126

Gross£20,126
Take-Home£18,010
You Keep89.5%

Tax Band Analysis

Understanding where your money goes

£15,626

Tax BandBasic Rate
Marginal Rate20%
Income Tax£611.20
National Insurance£244.48
Take Home (Monthly)£1,230.86

£20,126

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,511.20
National Insurance£604.48
Take Home (Monthly)£1,500.86

What £270.00 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

Full Comparison: £15,626 vs £20,126

£15,626

  • Gross Pay£15,626.00
  • Take Home (Year)£14,770.32
  • Take Home (Month)£1,230.86
  • Effective Tax Rate5.5%

£20,126

  • Gross Pay£20,126.00
  • Take Home (Year)£18,010.32
  • Take Home (Month)£1,500.86
  • Effective Tax Rate10.5%

The difference in take-home pay is £3,240 per year, which works out to £270.00 per month.