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Updated for 2025/26

£24,020 vs £25,957 Salary Comparison

Compare a £24,020 salary against £25,957. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£1,937
per year
Take Home Extra
+£116.22
per month
You Keep
72%
of the raise
5-Year Gain
+£6,973
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£24,020£25,957Difference
Gross Salary£24,020£25,957£1,937
Income Tax£2,290£2,677£387
National Insurance£916£1,071£155
Pension£0£0£0
Take-Home Pay (Yearly)
£20,814
£22,209
£1,395
Take-Home (Monthly)£1,735£1,851£116
Effective Tax Rate13.3%14.4%1.1%

£24,020

Gross£24,020
Take-Home£20,814
You Keep86.7%

£25,957

Gross£25,957
Take-Home£22,209
You Keep85.6%

Tax Band Analysis

Understanding where your money goes

£24,020

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,290.00
National Insurance£916.00
Take Home (Monthly)£1,734.50

£25,957

Tax BandBasic Rate
Marginal Rate20%
Income Tax£2,677.40
National Insurance£1,070.96
Take Home (Monthly)£1,850.72

What £116.22 Extra Buys You

Real-world value of the take-home difference

Monthly Subscriptions
Netflix, Spotify, gym - £100.00/mo

Full Comparison: £24,020 vs £25,957

£24,020

  • Gross Pay£24,020.00
  • Take Home (Year)£20,814.00
  • Take Home (Month)£1,734.50
  • Effective Tax Rate13.3%

£25,957

  • Gross Pay£25,957.00
  • Take Home (Year)£22,208.64
  • Take Home (Month)£1,850.72
  • Effective Tax Rate14.4%

The difference in take-home pay is £1,395 per year, which works out to £116.22 per month.