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Updated for 2025/26

£15,965 vs £24,110 Salary Comparison

Compare a £15,965 salary against £24,110. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£8,145
per year
Take Home Extra
+£488.70
per month
You Keep
72%
of the raise
5-Year Gain
+£29,322
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£15,965£24,110Difference
Gross Salary£15,965£24,110£8,145
Income Tax£679£2,308£1,629
National Insurance£272£923£652
Pension£0£0£0
Take-Home Pay (Yearly)
£15,014
£20,879
£5,864
Take-Home (Monthly)£1,251£1,740£489
Effective Tax Rate6.0%13.4%7.4%

£15,965

Gross£15,965
Take-Home£15,014
You Keep94.0%

£24,110

Gross£24,110
Take-Home£20,879
You Keep86.6%

Tax Band Analysis

Understanding where your money goes

£15,965

Tax BandBasic Rate
Marginal Rate20%
Income Tax£679.00
National Insurance£271.60
Take Home (Monthly)£1,251.20

£24,110

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,308.00
National Insurance£923.20
Take Home (Monthly)£1,739.90

What £488.70 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
£5,864.40/year extra into savings or investments

Full Comparison: £15,965 vs £24,110

£15,965

  • Gross Pay£15,965.00
  • Take Home (Year)£15,014.40
  • Take Home (Month)£1,251.20
  • Effective Tax Rate6.0%

£24,110

  • Gross Pay£24,110.00
  • Take Home (Year)£20,878.80
  • Take Home (Month)£1,739.90
  • Effective Tax Rate13.4%

The difference in take-home pay is £5,864 per year, which works out to £488.70 per month.