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Updated for 2025/26

£16,044 vs £31,002 Salary Comparison

Compare a £16,044 salary against £31,002. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£14,958
per year
Take Home Extra
+£897.48
per month
You Keep
72%
of the raise
5-Year Gain
+£53,849
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£16,044£31,002Difference
Gross Salary£16,044£31,002£14,958
Income Tax£695£3,686£2,992
National Insurance£278£1,475£1,197
Pension£0£0£0
Take-Home Pay (Yearly)
£15,071
£25,841
£10,770
Take-Home (Monthly)£1,256£2,153£897
Effective Tax Rate6.1%16.6%10.6%

£16,044

Gross£16,044
Take-Home£15,071
You Keep93.9%

£31,002

Gross£31,002
Take-Home£25,841
You Keep83.4%

Tax Band Analysis

Understanding where your money goes

£16,044

Tax BandBasic Rate
Marginal Rate20%
Income Tax£694.80
National Insurance£277.92
Take Home (Monthly)£1,255.94

£31,002

Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,686.40
National Insurance£1,474.56
Take Home (Monthly)£2,153.42

What £897.48 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
£10,769.76/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £16,044 vs £31,002

£16,044

  • Gross Pay£16,044.00
  • Take Home (Year)£15,071.28
  • Take Home (Month)£1,255.94
  • Effective Tax Rate6.1%

£31,002

  • Gross Pay£31,002.00
  • Take Home (Year)£25,841.04
  • Take Home (Month)£2,153.42
  • Effective Tax Rate16.6%

The difference in take-home pay is £10,770 per year, which works out to £897.48 per month.