£110,000 vs £120,000 — How Much of the Raise Do You Keep?

2025/26 · UK · After Income Tax and National Insurance

+£3,557 net / year
You keep 36% of the £10,000 gross raise  ·  +£296/month
+£10,000
Gross raise
+£3,557
Net raise
36%
Of raise kept
64.4%
Marginal rate

When your salary in the UK moves from £110,000 up to £120,000, the headline gain is £10,000. After the Income Tax and National Insurance are applied, your annual take-home rises by about £3,557 — you keep 36% of the raise.

Below is a side-by-side comparison of your take-home pay on £110,000 versus £120,000 in the UK, using the same 2025/26 tax year logic as our UK Salary Calculator. Every figure is calculated for a standard employee with the full personal allowance.

£110,000 vs £120,000 — Side by Side

 £110,000£120,000Change
Gross salary£110,000£120,000+£10,000
Net (take-home) pay£72,357£75,914+£3,557
Monthly take-home£6,030£6,326+£296
Effective tax rate34.2%36.7%+2.5%
💡 Marginal rate on this raise: about 64.4%. Good news: this raise stays inside a single tax band, so the whole £10,000 is taxed at the same marginal rate of about 64.4%. No new higher band is crossed between £110,000 and £120,000.

See the full breakdown for each salary

Want every line of tax and deductions? View the dedicated take-home pages:

£110,000 after tax £120,000 after tax All UK salaries All raise comparisons

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← £100,000 vs £110,000£120,000 vs £130,000 →

Frequently asked questions

How much of a raise from £110,000 to £120,000 do I actually keep in the UK?

A £10,000 gross raise from £110,000 to £120,000 adds about £3,557 to your annual take-home pay in the UK for the 2025/26 tax year — roughly 36% of the raise, after Income Tax and National Insurance.

What is the marginal tax rate on this raise?

Across the £110,000 to £120,000 slice, the effective marginal deduction rate is about 64.4%. That means for every extra £100 of gross pay in this band you keep roughly £36 after Income Tax and National Insurance.

How much more will I take home each month?

Your monthly take-home pay rises from about £6,030 at £110,000 to £6,326 at £120,000 — an extra £296 a month in the UK for the 2025/26 tax year.

About this comparison

Figures use the 2025/26 tax year and the same logic as our UK Salary Calculator: the £12,570 personal allowance (tapered above £100,000), Income Tax at 20% / 40% / 45% and Class 1 National Insurance at 8% then 2%. The "net raise" is simply the take-home pay at £120,000 minus the take-home pay at £110,000. These are estimates for the 2025/26 tax year and are not personal tax advice. Compare take-home pay across countries on our take-home pay by country page.