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Updated for 2025/26

£15,843 vs £26,343 Salary Comparison

Compare a £15,843 salary against £26,343. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£10,500
per year
Take Home Extra
+£630.00
per month
You Keep
72%
of the raise
5-Year Gain
+£37,800
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£15,843£26,343Difference
Gross Salary£15,843£26,343£10,500
Income Tax£655£2,755£2,100
National Insurance£262£1,102£840
Pension£0£0£0
Take-Home Pay (Yearly)
£14,927
£22,487
£7,560
Take-Home (Monthly)£1,244£1,874£630
Effective Tax Rate5.8%14.6%8.9%

£15,843

Gross£15,843
Take-Home£14,927
You Keep94.2%

£26,343

Gross£26,343
Take-Home£22,487
You Keep85.4%

Tax Band Analysis

Understanding where your money goes

£15,843

Tax BandBasic Rate
Marginal Rate20%
Income Tax£654.60
National Insurance£261.84
Take Home (Monthly)£1,243.88

£26,343

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,754.60
National Insurance£1,101.84
Take Home (Monthly)£1,873.88

What £630.00 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
£7,560.00/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £15,843 vs £26,343

£15,843

  • Gross Pay£15,843.00
  • Take Home (Year)£14,926.56
  • Take Home (Month)£1,243.88
  • Effective Tax Rate5.8%

£26,343

  • Gross Pay£26,343.00
  • Take Home (Year)£22,486.56
  • Take Home (Month)£1,873.88
  • Effective Tax Rate14.6%

The difference in take-home pay is £7,560 per year, which works out to £630.00 per month.