Updated for 2025/26
£15,885 vs £23,948 Salary Comparison
Compare a £15,885 salary against £23,948. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£8,063
per year
Take Home Extra
+£483.78
per month
You Keep
72%
of the raise
5-Year Gain
+£29,027
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 | £15,885 | £23,948 | Difference |
|---|---|---|---|
| Gross Salary | £15,885 | £23,948 | £8,063 |
| Income Tax | £663 | £2,276 | £1,613 |
| National Insurance | £265 | £910 | £645 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £14,957 | £20,762 | £5,805 |
| Take-Home (Monthly) | £1,246 | £1,730 | £484 |
| Effective Tax Rate | 5.8% | 13.3% | 7.5% |
£15,885
Gross£15,885
Take-Home£14,957
You Keep94.2%
£23,948
Gross£23,948
Take-Home£20,762
You Keep86.7%
Tax Band Analysis
Understanding where your money goes
£15,885
Tax BandBasic Rate
Marginal Rate20%
Income Tax£663.00
National Insurance£265.20
Take Home (Monthly)£1,246.40
£23,948
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,275.60
National Insurance£910.24
Take Home (Monthly)£1,730.18
What £483.78 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
£5,805.36/year extra into savings or investments
Full Comparison: £15,885 vs £23,948
£15,885
- Gross Pay£15,885.00
- Take Home (Year)£14,956.80
- Take Home (Month)£1,246.40
- Effective Tax Rate5.8%
£23,948
- Gross Pay£23,948.00
- Take Home (Year)£20,762.16
- Take Home (Month)£1,730.18
- Effective Tax Rate13.3%
The difference in take-home pay is £5,805 per year, which works out to £483.78 per month.