Relevant life insurance for contractors

The UK's leading contractor site. 200,000 average monthly visitors.

Contracting To Permanent Calculator

Calculate the permanent salary you need to match your contracting income

This calculator helps you determine what annual salary you should target as a permanent employee in order to match your net contracting income.

Contractors typically earn considerably more than employees, as you can charge clients higher rates for temporary access to your skills. So, you need to be sure your new salary will cover your outgoings.

This calculator uses your current hourly or daily rate, and considers whether your contract is inside IR35. The figures show how much employment income, or salary, you need to be earning, both in net monthly income and annual salary.

Please enter your details to get the results:

Basic Calculation >
Rate: £
Rate type:  
IR35 status:  
Hours per week:  
Days worked per week:  
Weeks per year:  
Annual expenses: £
Gross salary drawn as Director: £ (excl Employers NI Employees NI)
Annual pension contributions: £
Other annual income: £
I split the dividend and receive    percent.
Personal tax code:  
    (Single person code 1257L- Budget 2021)
Tax year:  

Solutions for Contractors: