£15,000 vs £20,000 After Tax 2025-26

Side-by-side UK take-home pay comparison · Income Tax + National Insurance

£15,000 gross
£14,320
£1,193/month · £275/week
Tax: £486 · NI: £194
Effective rate: 4.53%
£20,000 gross
£17,920
£1,493/month · £345/week
Tax: £1,486 · NI: £594
Effective rate: 10.4%

You keep £3,600 more per year

Earning £20,000 instead of £15,000 gives you £300 more per month (£69/week). Of the £5,000 gross difference, you keep 72% after tax and NI.

£

£15,000 — Income Tax bands

Band Tax
Personal Allowance
Basic Rate (20%) £486
Total Income Tax £486

£20,000 — Income Tax bands

Band Tax
Personal Allowance
Basic Rate (20%) £1,486
Total Income Tax £1,486

Full breakdown — £15,000 vs £20,000

£15,000 £20,000 Difference
Gross salary £15,000 £20,000 +£5,000
Income Tax £486 £1,486 +£1,000
National Insurance £194 £594 +£400
Total deductions £680 £2,080 +£1,400
Net pay (annual) £14,320 £17,920 +£3,600
Net monthly £1,193 £1,493 +£300
Net weekly £275 £345 +£69
Net daily £55 £69 +£14
Effective tax rate 4.53% 10.4%
Marginal tax rate 28% 28%

£15,000 vs £20,000 after tax — what you actually keep

On a £15,000 salary, you take home £14,320 per year (£1,193/month). On £20,000, you take home £17,920 per year (£1,493/month). The £5,000 gross difference translates to £3,600 extra take-home — you keep 72% of the raise.

Income Tax on £15,000 is £486, rising to £1,486 on £20,000. National Insurance increases from £194 to £594. Together these deductions mean HMRC takes £1,400 of the £5,000 difference.

Why the effective rate changes

At £15,000 the effective tax rate is 4.53%, while at £20,000 it rises to 10.4%. This is because additional earnings are taxed at the marginal rate (28% on £20,000), which is higher than the blended average. The more you earn, the greater the proportion taken in tax and NI.

Frequently asked questions

How much more do I take home on £20,000 vs £15,000?

On £20,000 you take home £17,920/year (£1,493/month), compared to £14,320/year (£1,193/month) on £15,000. That is £3,600 more per year, or £300 more per month.

Why is the net difference (£3,600) less than the gross difference (£5,000)?

Of the £5,000 gross difference, you keep £3,600 (72%) after Income Tax and National Insurance. The rest goes to HMRC. Your marginal rate on £15,000 is 28% and on £20,000 it is 28%.

What is the effective tax rate on £15,000 vs £20,000?

The effective tax rate (Income Tax + NI as a percentage of gross) is 4.53% on £15,000 and 10.4% on £20,000. The higher salary has a higher effective rate because more income falls into higher tax bands.

How much tax and NI do I pay on £15,000 vs £20,000?

On £15,000: Income Tax £486 + NI £194 = £680 total deductions. On £20,000: Income Tax £1,486 + NI £594 = £2,080 total deductions.

Related comparisons:

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