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Updated for 2025/26

£31,002 vs £46,002 Salary Comparison

Compare a £31,002 salary against £46,002. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£15,000
per year
Take Home Extra
+£900.00
per month
You Keep
72%
of the raise
5-Year Gain
+£54,000
cumulative

Mid-Career Sweet Spot

This salary range often represents strong mid-career positions. You're still entirely in the basic rate tax band (20%), making raises very tax-efficient.

  • Salary sacrifice for pension can be very efficient at this level
  • Consider hybrid or remote roles - commuting costs can eat into raises
  • This is often the best time to change industries for a salary bump
  • Skills training and certifications can lead to significant jumps

Compare Salaries

Enter multiple salaries to compare take-home pay for 2025/26

£
£

Comparison Results

Metric£31,002£46,002Difference
Gross Salary£31,002£46,002£15,000
Income Tax£3,686£6,686£3,000
National Insurance£1,475£2,675£1,200
Pension£0£0£0
Take-Home Pay (Yearly)
£25,841
£36,641
£10,800
Take-Home (Monthly)£2,153£3,053£900
Effective Tax Rate16.6%20.3%3.7%

£31,002

Gross£31,002
Take-Home£25,841
You Keep83.4%

£46,002

Gross£46,002
Take-Home£36,641
You Keep79.7%

Tax Band Analysis

Understanding where your money goes

£31,002

Tax BandBasic Rate
Marginal Rate20%
Income Tax£3,686.40
National Insurance£1,474.56
Take Home (Monthly)£2,153.42

£46,002

Tax BandBasic Rate
Marginal Rate20%
Income Tax£6,686.40
National Insurance£2,674.56
Take Home (Monthly)£3,053.42

What £900.00 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
£10,800.00/year extra into savings or investments
Car Payment
Could cover a decent car on PCP or lease

Full Comparison: £31,002 vs £46,002

£31,002

  • Gross Pay£31,002.00
  • Take Home (Year)£25,841.04
  • Take Home (Month)£2,153.42
  • Effective Tax Rate16.6%

£46,002

  • Gross Pay£46,002.00
  • Take Home (Year)£36,641.04
  • Take Home (Month)£3,053.42
  • Effective Tax Rate20.3%

The difference in take-home pay is £10,800 per year, which works out to £900.00 per month.