Skip to main content

Search Calculators

Search for a calculator to use

Updated for 2025/26

£16,006 vs £20,461 Salary Comparison

Compare a £16,006 salary against £20,461. 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

£
£

Comparison Results

Metric£16,006£20,461Difference
Gross Salary£16,006£20,461£4,455
Income Tax£687£1,578£891
National Insurance£275£631£356
Pension£0£0£0
Take-Home Pay (Yearly)
£15,044
£18,252
£3,208
Take-Home (Monthly)£1,254£1,521£267
Effective Tax Rate6.0%10.8%4.8%

£16,006

Gross£16,006
Take-Home£15,044
You Keep94.0%

£20,461

Gross£20,461
Take-Home£18,252
You Keep89.2%

Tax Band Analysis

Understanding where your money goes

£16,006

Tax BandBasic Rate
Marginal Rate20%
Income Tax£687.20
National Insurance£274.88
Take Home (Monthly)£1,253.66

£20,461

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,578.20
National Insurance£631.28
Take Home (Monthly)£1,520.96

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: £16,006 vs £20,461

£16,006

  • Gross Pay£16,006.00
  • Take Home (Year)£15,043.92
  • Take Home (Month)£1,253.66
  • Effective Tax Rate6.0%

£20,461

  • Gross Pay£20,461.00
  • Take Home (Year)£18,251.52
  • Take Home (Month)£1,520.96
  • Effective Tax Rate10.8%

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