Skip to main content

Search Calculators

Search for a calculator to use

Updated for 2025/26

£15,820 vs £20,320 Salary Comparison

Compare a £15,820 salary against £20,320. 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

£
£

Comparison Results

Metric£15,820£20,320Difference
Gross Salary£15,820£20,320£4,500
Income Tax£650£1,550£900
National Insurance£260£620£360
Pension£0£0£0
Take-Home Pay (Yearly)
£14,910
£18,150
£3,240
Take-Home (Monthly)£1,243£1,513£270
Effective Tax Rate5.8%10.7%4.9%

£15,820

Gross£15,820
Take-Home£14,910
You Keep94.2%

£20,320

Gross£20,320
Take-Home£18,150
You Keep89.3%

Tax Band Analysis

Understanding where your money goes

£15,820

Tax BandBasic Rate
Marginal Rate20%
Income Tax£650.00
National Insurance£260.00
Take Home (Monthly)£1,242.50

£20,320

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,550.00
National Insurance£620.00
Take Home (Monthly)£1,512.50

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: £15,820 vs £20,320

£15,820

  • Gross Pay£15,820.00
  • Take Home (Year)£14,910.00
  • Take Home (Month)£1,242.50
  • Effective Tax Rate5.8%

£20,320

  • Gross Pay£20,320.00
  • Take Home (Year)£18,150.00
  • Take Home (Month)£1,512.50
  • Effective Tax Rate10.7%

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