Updated for 2025/26
£23,948 vs £31,238 Salary Comparison
Compare a £23,948 salary against £31,238. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£7,290
per year
Take Home Extra
+£437.40
per month
You Keep
72%
of the raise
5-Year Gain
+£26,244
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 | £23,948 | £31,238 | Difference |
|---|---|---|---|
| Gross Salary | £23,948 | £31,238 | £7,290 |
| Income Tax | £2,276 | £3,734 | £1,458 |
| National Insurance | £910 | £1,493 | £583 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £20,762 | £26,011 | £5,249 |
| Take-Home (Monthly) | £1,730 | £2,168 | £437 |
| Effective Tax Rate | 13.3% | 16.7% | 3.4% |
£23,948
Gross£23,948
Take-Home£20,762
You Keep86.7%
£31,238
Gross£31,238
Take-Home£26,011
You Keep83.3%
Tax Band Analysis
Understanding where your money goes
£23,948
Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,275.60
National Insurance£910.24
Take Home (Monthly)£1,730.18
£31,238
Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,733.60
National Insurance£1,493.44
Take Home (Monthly)£2,167.58
What £437.40 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
£5,248.80/year extra into savings or investments
Full Comparison: £23,948 vs £31,238
£23,948
- Gross Pay£23,948.00
- Take Home (Year)£20,762.16
- Take Home (Month)£1,730.18
- Effective Tax Rate13.3%
£31,238
- Gross Pay£31,238.00
- Take Home (Year)£26,010.96
- Take Home (Month)£2,167.58
- Effective Tax Rate16.7%
The difference in take-home pay is £5,249 per year, which works out to £437.40 per month.