Updated for 2025/26
£38,356 vs £42,001 Salary Comparison
Compare a £38,356 salary against £42,001. Find out exactly how much more (or less) you will take home after tax.
Gross Difference
+£3,645
per year
Take Home Extra
+£218.70
per month
You Keep
72%
of the raise
5-Year Gain
+£13,122
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
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Comparison Results
| Metric | £38,356 | £42,001 | Difference |
|---|---|---|---|
| Gross Salary | £38,356 | £42,001 | £3,645 |
| Income Tax | £5,157 | £5,886 | £729 |
| National Insurance | £2,063 | £2,354 | £292 |
| Pension | £0 | £0 | £0 |
| Take-Home Pay (Yearly) | £31,136 | £33,760 | £2,624 |
| Take-Home (Monthly) | £2,595 | £2,813 | £219 |
| Effective Tax Rate | 18.8% | 19.6% | 0.8% |
£38,356
Gross£38,356
Take-Home£31,136
You Keep81.2%
£42,001
Gross£42,001
Take-Home£33,760
You Keep80.4%
Tax Band Analysis
Understanding where your money goes
£38,356
Tax BandBasic Rate
Marginal Rate20%
Income Tax£5,157.20
National Insurance£2,062.88
Take Home (Monthly)£2,594.66
£42,001
Tax BandBasic Rate
Marginal Rate20%
Income Tax£5,886.20
National Insurance£2,354.48
Take Home (Monthly)£2,813.36
What £218.70 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
Full Comparison: £38,356 vs £42,001
£38,356
- Gross Pay£38,356.00
- Take Home (Year)£31,135.92
- Take Home (Month)£2,594.66
- Effective Tax Rate18.8%
£42,001
- Gross Pay£42,001.00
- Take Home (Year)£33,760.32
- Take Home (Month)£2,813.36
- Effective Tax Rate19.6%
The difference in take-home pay is £2,624 per year, which works out to £218.70 per month.