Updated for 2025/26
£16,026 vs £20,076 Salary Comparison
Compare a £16,026 salary against £20,076. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£4,050
per year
Take Home Extra
+£243.00
per month
You Keep
72%
of the raise
5-Year Gain
+£14,580
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 | £16,026 | £20,076 | Difference |
|---|---|---|---|
| Gross Salary | £16,026 | £20,076 | £4,050 |
| Income Tax | £691 | £1,501 | £810 |
| National Insurance | £276 | £600 | £324 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £15,058 | £17,974 | £2,916 |
| Take-Home (Monthly) | £1,255 | £1,498 | £243 |
| Effective Tax Rate | 6.0% | 10.5% | 4.4% |
£16,026
Gross£16,026
Take-Home£15,058
You Keep94.0%
£20,076
Gross£20,076
Take-Home£17,974
You Keep89.5%
Tax Band Analysis
Understanding where your money goes
£16,026
Tax BandBasic Rate
Marginal Rate20%
Income Tax£691.20
National Insurance£276.48
Take Home (Monthly)£1,254.86
£20,076
Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,501.20
National Insurance£600.48
Take Home (Monthly)£1,497.86
What £243.00 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: £16,026 vs £20,076
£16,026
- Gross Pay£16,026.00
- Take Home (Year)£15,058.32
- Take Home (Month)£1,254.86
- Effective Tax Rate6.0%
£20,076
- Gross Pay£20,076.00
- Take Home (Year)£17,974.32
- Take Home (Month)£1,497.86
- Effective Tax Rate10.5%
The difference in take-home pay is £2,916 per year, which works out to £243.00 per month.