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Updated for 2025/26

£16,022 vs £20,922 Salary Comparison

Compare a £16,022 salary against £20,922. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,900
per year
Take Home Extra
+£294.00
per month
You Keep
72%
of the raise
5-Year Gain
+£17,640
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£16,022£20,922Difference
Gross Salary£16,022£20,922£4,900
Income Tax£690£1,670£980
National Insurance£276£668£392
Pension£0£0£0
Take-Home Pay (Yearly)
£15,055
£18,583
£3,528
Take-Home (Monthly)£1,255£1,549£294
Effective Tax Rate6.0%11.2%5.1%

£16,022

Gross£16,022
Take-Home£15,055
You Keep94.0%

£20,922

Gross£20,922
Take-Home£18,583
You Keep88.8%

Tax Band Analysis

Understanding where your money goes

£16,022

Tax BandBasic Rate
Marginal Rate20%
Income Tax£690.40
National Insurance£276.16
Take Home (Monthly)£1,254.62

£20,922

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,670.40
National Insurance£668.16
Take Home (Monthly)£1,548.62

What £294.00 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: £16,022 vs £20,922

£16,022

  • Gross Pay£16,022.00
  • Take Home (Year)£15,055.44
  • Take Home (Month)£1,254.62
  • Effective Tax Rate6.0%

£20,922

  • Gross Pay£20,922.00
  • Take Home (Year)£18,583.44
  • Take Home (Month)£1,548.62
  • Effective Tax Rate11.2%

The difference in take-home pay is £3,528 per year, which works out to £294.00 per month.