SG Accounting

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

Contractor Calculator

Calculate your annual and monthly net income from a contract

You can use this calculator to work out how much net income you should receive from your contract.

This is a great way of finding out how financially attractive a potential contract could be over the long-term. Simply input your hourly or daily rate, along with the contract�s IR35 status, to see a comprehensive summary.

This calculator will show your gross annual revenue, as well as your net annual and monthly income. It will also calculate your taxes in cash and percentage terms.

Please enter your details to calculate your potential earnings:

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: