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Updated for 2025/26

£15,720 vs £20,175 Salary Comparison

Compare a £15,720 salary against £20,175. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,455
per year
Take Home Extra
+£267.30
per month
You Keep
72%
of the raise
5-Year Gain
+£16,038
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£15,720£20,175Difference
Gross Salary£15,720£20,175£4,455
Income Tax£630£1,521£891
National Insurance£252£608£356
Pension£0£0£0
Take-Home Pay (Yearly)
£14,838
£18,046
£3,208
Take-Home (Monthly)£1,237£1,504£267
Effective Tax Rate5.6%10.6%4.9%

£15,720

Gross£15,720
Take-Home£14,838
You Keep94.4%

£20,175

Gross£20,175
Take-Home£18,046
You Keep89.4%

Tax Band Analysis

Understanding where your money goes

£15,720

Tax BandBasic Rate
Marginal Rate20%
Income Tax£630.00
National Insurance£252.00
Take Home (Monthly)£1,236.50

£20,175

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,521.00
National Insurance£608.40
Take Home (Monthly)£1,503.80

What £267.30 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: £15,720 vs £20,175

£15,720

  • Gross Pay£15,720.00
  • Take Home (Year)£14,838.00
  • Take Home (Month)£1,236.50
  • Effective Tax Rate5.6%

£20,175

  • Gross Pay£20,175.00
  • Take Home (Year)£18,045.60
  • Take Home (Month)£1,503.80
  • Effective Tax Rate10.6%

The difference in take-home pay is £3,208 per year, which works out to £267.30 per month.