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Updated for 2025/26

£16,747 vs £21,247 Salary Comparison

Compare a £16,747 salary against £21,247. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£4,500
per year
Take Home Extra
+£270.00
per month
You Keep
72%
of the raise
5-Year Gain
+£16,200
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£16,747£21,247Difference
Gross Salary£16,747£21,247£4,500
Income Tax£835£1,735£900
National Insurance£334£694£360
Pension£0£0£0
Take-Home Pay (Yearly)
£15,577
£18,817
£3,240
Take-Home (Monthly)£1,298£1,568£270
Effective Tax Rate7.0%11.4%4.5%

£16,747

Gross£16,747
Take-Home£15,577
You Keep93.0%

£21,247

Gross£21,247
Take-Home£18,817
You Keep88.6%

Tax Band Analysis

Understanding where your money goes

£16,747

Tax BandBasic Rate
Marginal Rate20%
Income Tax£835.40
National Insurance£334.16
Take Home (Monthly)£1,298.12

£21,247

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,735.40
National Insurance£694.16
Take Home (Monthly)£1,568.12

What £270.00 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: £16,747 vs £21,247

£16,747

  • Gross Pay£16,747.00
  • Take Home (Year)£15,577.44
  • Take Home (Month)£1,298.12
  • Effective Tax Rate7.0%

£21,247

  • Gross Pay£21,247.00
  • Take Home (Year)£18,817.44
  • Take Home (Month)£1,568.12
  • Effective Tax Rate11.4%

The difference in take-home pay is £3,240 per year, which works out to £270.00 per month.