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IR35 Calculator - Results (Outside IR35)

Understand the impact of IR35 on your NET income

Reduce TaxREDUCE TAXES

Outside IR35?

Convert taxes to savings. Up to 48% tax relief.

Find out more...

Show calculations for if my contract was inside IR35

  • Your current net monthly income is £2,613
  • If you get caught by IR35, this decreases £582 (22%) to £2,030
  • If caught, raising your rate by £7.65 (30%) to £32 achieves the same income
  • You can lower your rate by £4.68 and earn the same as someone inside IR35
  • You can take an extra 11 weeks holiday and earn the same as someone inside IR35
  • To get the same income via permanent employment would require a salary of £43,036

Other relevant information:

Show the tax burdens for inside and outside IR35

Solutions for Contractors:

Norla Group: Umbrella Payroll and Accounting Solutions for Contractors

Sanzar Payment Solution: Retain minimum 85% of contract value, with no IR35 concerns.

PayScheme+: Tax efficient IR35 solutions. Up to 87% of contract value.

Parasol: Award winning customer service. Excellent returns. FREE insurances.

Atlantic Umbrella: Service driven and tax efficient. Pays on timesheets.

 

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