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Compare estimated recurring disposable income and first-year moving costs for a job change in 2026/27.
Find out whether a higher salary still leaves you with more disposable income after estimated tax, pension, student-loan deductions and the household costs you enter.
The calculator applies simplified annual 2026/27 Income Tax, National Insurance and one selected student-loan plan. It separates recurring annual disposable income from the first-year result, which additionally includes estimated net sign-on pay and entered relocation expense. Break-even uses recurring improvement only; it is shown only when that improvement is positive and a relocation cost is entered.
Pension treatment assumes employee contributions reduce taxable income under a net-pay arrangement but do not reduce NI or student-loan earnings. Salary sacrifice, relief-at-source, payroll-period deductions, multiple student loans, employer benefits and equity are not modeled. City preset costs are illustrative placeholders, not verified averages. Website updated 10 October 2026.
Compare the editable sample of £50,000 in Manchester with a £65,000 offer in London. The sample starts with illustrative housing, commute and council-tax values; replace them with your own amounts. At 5% employee pension and no student loan, estimated annual take-home is about £37,520 versus £46,307. After the preset recurring costs (£14,400 versus £23,300), the London offer leaves about £113 less disposable income per year before childcare or one-off payments.
First-year disposable difference
-£113
Recurring annual difference: -£113
Includes estimated take-home, all four recurring costs, net sign-on payment and one-off relocation cost. Not a job recommendation.
No relocation cost entered
Calculated only when recurring disposable income improves and a relocation cost is entered: relocation cost ÷ monthly recurring improvement. Sign-on payments do not make the recurring payback look faster.
Current and offer amounts in pounds per year. Take-home is a total and should not be added again to its component deductions.
| Item | Current | Offer |
|---|---|---|
| Gross salary + recurring bonus | £50,000 | £65,000 |
| Income Tax | -£6,986 | -£12,132 |
| Employee National Insurance | -£2,994 | -£3,311 |
| Student loan | -£0 | -£0 |
| Employee pension contribution | -£2,500 | -£3,250 |
| Estimated annual take-home | £37,520 | £46,307 |
Editable current-versus-offer annual housing, commuting, council-tax and childcare amounts. Presets are illustrative and can be replaced, including with £0.
| Item | Current | Offer |
|---|---|---|
| Rent / housing | £10,800 | £18,000 |
| Commute | £2,000 | £3,500 |
| Council tax | £1,600 | £1,800 |
| Childcare | £0 | £0 |
| Total entered recurring costs | £14,400 | £23,300 |
Estimated take-home less the four entered recurring costs. The first-year offer adds the estimated net sign-on bonus and subtracts relocation cost; it excludes non-entered costs.
| Item | Current | Offer |
|---|---|---|
| Recurring annual disposable amount | £23,120 | £23,007 |
| First year after sign-on and relocation | £23,120 | £23,007 |
The recurring annual figure is offer take-home after estimated Income Tax, NI, the selected single student-loan plan, pension contributions and entered household costs, minus the equivalent current amount. The first-year figure then adds estimated net sign-on pay and deducts relocation expenses. Lower costs correctly increase disposable income; no future salary growth or investment return is assumed.
The model excludes utilities, mortgage principal/interest, moving-related time off, benefit-in-kind, employer pension, equity/RSUs, childcare support, tax-code adjustments and personal tax circumstances. City preset values are unverified examples—not ONS averages, quotes or forecasts. Replace each with your own figures before relying on the comparison.
Annual employee pension contribution difference in the entered salaries: £750. Employer contributions and future investment growth are not included.
· Tax assumptions apply to 2026/27 annual income and may differ from payslip calculations.
These current GOV.UK, HMRC and Scottish Government sources support the tax, loan and relocation assumptions; housing and commute preset values are illustrative and are not sourced averages.