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Updated for 2025/26

£18,340 vs £26,440 Salary Comparison

Compare a £18,340 salary against £26,440. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£8,100
per year
Take Home Extra
+£486.00
per month
You Keep
72%
of the raise
5-Year Gain
+£29,160
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£18,340£26,440Difference
Gross Salary£18,340£26,440£8,100
Income Tax£1,154£2,774£1,620
National Insurance£462£1,110£648
Pension£0£0£0
Take-Home Pay (Yearly)
£16,724
£22,556
£5,832
Take-Home (Monthly)£1,394£1,880£486
Effective Tax Rate8.8%14.7%5.9%

£18,340

Gross£18,340
Take-Home£16,724
You Keep91.2%

£26,440

Gross£26,440
Take-Home£22,556
You Keep85.3%

Tax Band Analysis

Understanding where your money goes

£18,340

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,154.00
National Insurance£461.60
Take Home (Monthly)£1,393.70

£26,440

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,774.00
National Insurance£1,109.60
Take Home (Monthly)£1,879.70

What £486.00 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
Savings Boost
£5,832.00/year extra into savings or investments

Full Comparison: £18,340 vs £26,440

£18,340

  • Gross Pay£18,340.00
  • Take Home (Year)£16,724.40
  • Take Home (Month)£1,393.70
  • Effective Tax Rate8.8%

£26,440

  • Gross Pay£26,440.00
  • Take Home (Year)£22,556.40
  • Take Home (Month)£1,879.70
  • Effective Tax Rate14.7%

The difference in take-home pay is £5,832 per year, which works out to £486.00 per month.