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Permanent To Contracting Calculator

Calculate the contracting rates you should charge to match your current employment income

You can use this calculator to figure out the hourly or daily rate you would need to charge as a contractor in order to match the income you receive from your current salary.

Knowledge workers find offering their services as a contractor is more financially rewarding than employment, as they are able to charge higher rates for access to their skills.

Enter your salary and your personal tax code into this calculator and it will tell you the hourly and daily rates that you need to charge, also taking into account IR35.

Please enter your details to get the results:

Current gross annual salary: £
Personal tax code:  
    (Single person code 1257L - Budget 2024)
Tax year:  
   

Solutions for Contractors: