£46,372
Offer A vs B · United Kingdom
Compare two job offers after tax
Two offers. One number that matters.
Bonus and equity are taxed as pay. Everything is shown after tax, in Offer A's currency, at a dated exchange rate you can change.
1 USD = 0.7526 GBP (ECB reference rate, 30 Sept 2026).
Offer B leaves you £18,517 more a year
After tax, in GBP. Offer B would need a base salary of $75,028 to match Offer A.
£64,889
$75,028
| Offer A | Offer B | |
|---|---|---|
| Pay before tax (base + bonus + equity) | £65,000 | $110,000 |
| Taxes and contributions | £15,378 | $23,785 |
| Net cash | £46,372 | £64,889 |
| Net + retirement savings | £49,622 | £64,889 |
| Net per hour worked | £22.29 | £31.20 |
Tax defaults for each side: US single; UK 5% salary-sacrifice pension, England; Australia base salary with super on top; Canada Ontario. Open Net to see any side line by line.
A worked example
The calculator starts by comparing a £65,000 offer in United Kingdom (Offer A) with a $110,000 offer in United States (Offer B). After tax, A leaves £46,372 a year and B leaves $86,215, which is £64,889 at 1 USD = 0.7526 GBP, ECB reference rate of 30 Sept 2026.
So A is worth £18,517 a year less in hand. For B to match A, its base salary would have to be $75,028: that is the number to take into a negotiation.
United Kingdom against every other market
| Offer B | B take-home (local) | B take-home in GBP | B base needed to match A |
|---|---|---|---|
| United States, $110,000 | $86,215 | £64,889 | $75,028 |
| Australia, $120,000 | $91,080 | £47,763 | $116,100 |
| Canada, $95,000 | $70,714 | £37,525 | $120,076 |
Each market uses its tax defaults: US single filer in Texas, UK 5% salary-sacrifice pension in England, Australian base salary with super on top, Canada in Ontario. Change any of them in the calculator above.
How the comparison works
- Base salary, cash bonus and equity vesting are added together and taxed as employment income in each market, so a bonus is taxed at your marginal rate, not at a flat rate.
- Employer retirement money (a 401(k) or pension match, Australia's 12% super guarantee) is shown separately as locked savings: real money, but not money you can spend this year.
- Offer B is converted into Offer A's currency at the ECB euro reference rate of 30 Sept 2026. Type your own rate if you have a better one, for example the rate your bank will give you.
- Net per hour divides take-home by hours worked over 52 weeks, which matters when one job expects 50-hour weeks.
- The break-even salary is solved exactly: KeptOffer searches for the base salary at which Offer B's take-home equals Offer A's, using the same tax rules.
What this does not include
- Cost of living. Compare the take-home figures with rent and prices where each job is; a higher net in an expensive city can still buy less.
- Benefits with a cash value that differ by country, such as US employer health insurance, and holiday allowance.
- Equity risk: shares can fall before they vest, and unvested equity is lost if you leave. Enter only what you expect to vest in a year.
- Relocation costs, visas and moving your pension.
Questions people ask
Is £65,000 in United Kingdom more than $110,000 in United States?
After tax and at today's exchange rate, no: £46,372 against £64,889 a year in GBP.
How should I compare a salary with a lower base but a bigger bonus?
Put the expected bonus in. A £58,500 base with a £9,750 bonus leaves £48,163, against £46,372 for a straight £65,000 salary, if the bonus is paid in full.
Which exchange rate should I use?
The default is the European Central Bank reference rate of 30 Sept 2026. Rates move: for a big decision, type the rate you would actually get when moving money, and check how much the answer changes.
Should I count equity as salary?
Only the part you expect to vest in a year, at a value you are comfortable with. It is taxed as pay when it vests in all four markets covered here.