Less Tax too.
Lest we forget the 20% tax threshold rises from £6035 to £6475, 40% tax threshold rises from £34.8K to £37.4K. OK, top NI t/h up a fair bit too, but at least it's 'only' at 11%.
Net gain is circa £340 p/a, on top of any pay rise, assuming you were, and still are, paying 40%