How much can you earn contracting?

What is your net income after taxes?
What rate will earn your desired income?
What rate earns the same as permanent?

Contractors

Enter your hourly rate & find out more:

£

Permanent Employees

Enter your gross salary & find out more:

£

Contractor Latest

Using a life insurance trust to maximise payout and reduce tax bills

You need to use a life insurance trust to avoid your family facing significant tax bills on life insurance payouts. Here's how.

Fri, 21 Sep 2018 |Contractor Life Insurance

Contractors rarely operate as sole traders

Contractors wanting to work as a sole trader will find agencies and clients won’t work with them. Here's why and the solution.

Wed, 19 Sep 2018 |First timers

Off-Payroll Working: new petition launched to ensure fairness for all workers

Contractors are urged to sign a petition to help prevent irrevocable damage to UK flexible working and ensure fairness for all workers.

Thu, 13 Sep 2018 |Public Sector IR35 Reforms

Contractor doctor: can contractors using umbrella companies be caught by IR35?

Does working for an umbrella company enable you to avoid it?

Tue, 11 Sep 2018 |Contractor Doctor Q+A

ContractorCalculator launches Off-Payroll ‘fact pack’ to help contractors inform MPs

ContractorCalculator has published a ‘fact pack’ to help contractors inform MPs of the damaging effects of Off-Payroll and prevent a private sector rollout.

Mon, 10 Sep 2018 |Public Sector IR35 Reforms

Government’s Good Work Plan in jeopardy as Off-Payroll tax threatens the low paid

HMRC risks nullifying Government’s Good Work Plan with the Off-Payroll tax, providing exploitative hirers with further leverage over low paid workers.

Mon, 03 Sep 2018 |Dave's Blog

10 easy steps to set up a limited company and start contracting

You have several options in setting up a limited company, but it's all easy enough, and most accountants will handle it all for you. Here's how.

Wed, 29 Aug 2018 |Limited Companies

View all news

Dave's blog

Dave Chaplin is a former IT contractor, founder and CEO of ContractorCalculator, and author of the Contractors' Handbook and Beat IR35.

Government’s Good Work Plan in jeopardy as Off-Payroll tax threatens the low paid

HMRC risks nullifying Government’s Good Work Plan with the Off-Payroll tax, providing exploitative hirers with further leverage over low paid workers.

Mon, 03 Sep 2018

£200m tax reclaim among multiple consequences of HMRC’s malfunctioning CEST tool

HMRC is refusing to acknowledge the facts concerning its flawed CEST tool, when it should be bracing itself for a serious, and costly, fallout.

Fri, 03 Aug 2018

Other Contracting News

HMRC agrees payout with contractor in landmark employment case

Susan Winchester achieved the settlement after challenging the tax office on its application of employment law after the terms of her contract with the government body were changed.

21 hours ago - Public Sector IR35 Reforms

Taxman’s revelation shines a light on HMRC hypocrisy

There’s no doubt the admission by a senior HMRC official that it allows wealthy and high-profile individuals to avoid prosecution for financial crimes and settle cases out of court will incense the contractor community - a sector under constant pressure with the blunt instrument that is IR35.

Wed, 19 Sep 2018 - IR35

Christa Ackroyd: Presenter fights on in BBC test case

The BBC is facing more problems over taxation after a presenter who lost a tribunal case against HM Revenue & Customs appealed against the ruling.

Wed, 12 Sep 2018 - IR35

TUC: Labour's John McDonnell pledges 'gig economy' rights boost

Labour would extend workers' rights and "restore the balance of power in the workplace", shadow chancellor John McDonnell has said.

Wed, 12 Sep 2018 - Other

Found something to share with us? Let us know! More

Us On LinkedIn

My visit to Private Eye

Wed, 19 Sep 2018

Join the conversation

Popular Calculators

How much do you want to earn? We'll tell you how

Enter your target annual income and let contractor calculator work out how you can achieve it:

£

Quick Calculator Finder

Can't find the contractor calculator you're looking for? Try using the finder below

Complete calculator directory

Contractor Solutions

Clever AccountsComplete contractor accounting service. 24/7 online access. £75 pm!

Experts since 1998 - Churchill KnightMultiple accountancy packages from only £95 per month.

Closing your company?Do you have retained cash? Use an MVL to pay only 10% tax. Find out how.

Life Insurance - paid by your limited companyInsure yourself for £1,000,000+ all paid for tax free by your limited company

Nixon Williams AccountantsStart your FREE TRIAL of our cloud based platform today.

Contractors HandbookThe expert guide for UK contractors and freelancers

Guides

Limited companies

Company formation. Taxation...

IR35

What is it? How do you avoid it?

Umbrella companies

What are they? How do you join one?

Expenses

What you can claim...

1st time contracting

Guide to starting contracting...

Legal

Contract issues. Legal Rights. IR35. Disputes. Termination...

Latest

Using a life insurance trust to maximise payout and reduce tax bills

You need to use a life insurance trust to avoid your family facing significant tax bills on life insurance payouts. Here's how.

Fri, 21 Sep 2018 |Contractor Life Insurance

Popular guides

View all guides

Contractor Q&A

Q. Can contractors using umbrella companies be caught by IR35? A.

Does working for an umbrella company enable you to avoid it?

Tue, 11 Sep 2018

Ask a question

Business insurance

Our Guide to Public Liability Insurance

Financial services

Mortgages

Based on contract multiples
Competitive rates
Fast service

Guide to mortgage options

Find out more

Pensions

Incredibly tax efficient
Paid for out of gross fees
Flexible options

How contractor pensions work

Find out more

Income Protection

Income when too ill to work
Premiums are tax deductible
Work with peace of mind

Guide to income protection

Find out more

Life Insurance

Protect loved ones
Tax deductible
Death in service benefits

Life cover policy options

Find out more

Recent Media Coverage

Accounting Web

Ten key points about off-payroll tax

Whilst the government has been keen to trumpet the success of off-payroll tax in the public sector there are many points to address before the tax is rolled into the private sector.

Telegraph

Self-employed warned over 'tax-avoiding' middle-men offering to increase your take home pay

While there are many compliant umbrella employers operating who provide a valued service with many benefits to the contractor, agencies, and end-clients there are also dodgy firms out there that should be avoided.

Onrec

Call to all self-employed workers to sign petition to protect their rights

Appeal to self-employed to sign petition to protect their rights

Telegraph

BBC presenter tax case 'only win for HMRC in a decade'

Contractors suspected of being “false employees” win the vast majority of tax tribunal cases brought against them – raising further questions over the taxman’s ability to enforce the rules accurately.