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Updated for 2025/26

£42,979 vs £47,979 Salary Comparison

Compare a £42,979 salary against £47,979. Find out exactly how much more (or less) you will take home after tax.

Gross Difference
+£5,000
per year
Take Home Extra
+£300.00
per month
You Keep
72%
of the raise
5-Year Gain
+£18,000
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£42,979£47,979Difference
Gross Salary£42,979£47,979£5,000
Income Tax£6,082£7,082£1,000
National Insurance£2,433£2,833£400
Pension£0£0£0
Take-Home Pay (Yearly)
£34,464
£38,064
£3,600
Take-Home (Monthly)£2,872£3,172£300
Effective Tax Rate19.8%20.7%0.9%

£42,979

Gross£42,979
Take-Home£34,464
You Keep80.2%

£47,979

Gross£47,979
Take-Home£38,064
You Keep79.3%

Tax Band Analysis

Understanding where your money goes

£42,979

Tax BandBasic Rate
Marginal Rate20%
Income Tax£6,081.80
National Insurance£2,432.72
Take Home (Monthly)£2,872.04

£47,979

Tax BandBasic Rate
Marginal Rate20%
Income Tax£7,081.80
National Insurance£2,832.72
Take Home (Monthly)£3,172.04

What £300.00 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

Full Comparison: £42,979 vs £47,979

£42,979

  • Gross Pay£42,979.00
  • Take Home (Year)£34,464.48
  • Take Home (Month)£2,872.04
  • Effective Tax Rate19.8%

£47,979

  • Gross Pay£47,979.00
  • Take Home (Year)£38,064.48
  • Take Home (Month)£3,172.04
  • Effective Tax Rate20.7%

The difference in take-home pay is £3,600 per year, which works out to £300.00 per month.