How Much Can Your Earn Contracting

This is step 2 of our guide Contracting in the UK.

Contract work pays more than permanent work. In addition, if you can structure you tax affairs well (see IR35 discussed later) then you will pay much less tax as a percentage of your gross income.

To find out the contract rate that will earn you the same as contracting use our Permanent to Contracting Calculator.

To find out the contract rate to earn your target net monthly income use our Target Income Calculator.

This site has a whole range of unique calculators for all aspects of contracting.

After finding out how much you can earn it is time to prepare yourself to enter the market.

Step 3: Preparing to find a contract