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Updated for 2025/26

£20,076 vs £27,002 Salary Comparison

Compare a £20,076 salary against £27,002. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£6,926
per year
Take Home Extra
+£415.56
per month
You Keep
72%
of the raise
5-Year Gain
+£24,934
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£20,076£27,002Difference
Gross Salary£20,076£27,002£6,926
Income Tax£1,501£2,886£1,385
National Insurance£600£1,155£554
Pension£0£0£0
Take-Home Pay (Yearly)
£17,974
£22,961
£4,987
Take-Home (Monthly)£1,498£1,913£416
Effective Tax Rate10.5%15.0%4.5%

£20,076

Gross£20,076
Take-Home£17,974
You Keep89.5%

£27,002

Gross£27,002
Take-Home£22,961
You Keep85.0%

Tax Band Analysis

Understanding where your money goes

£20,076

Tax BandBasic Rate
Marginal Rate20%
Income Tax£1,501.20
National Insurance£600.48
Take Home (Monthly)£1,497.86

£27,002

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,886.40
National Insurance£1,154.56
Take Home (Monthly)£1,913.42

What £415.56 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
£4,986.72/year extra into savings or investments

Full Comparison: £20,076 vs £27,002

£20,076

  • Gross Pay£20,076.00
  • Take Home (Year)£17,974.32
  • Take Home (Month)£1,497.86
  • Effective Tax Rate10.5%

£27,002

  • Gross Pay£27,002.00
  • Take Home (Year)£22,961.04
  • Take Home (Month)£1,913.42
  • Effective Tax Rate15.0%

The difference in take-home pay is £4,987 per year, which works out to £415.56 per month.