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Financial Profile Calculator - Contractor

Access your detailed financial profile based on your contracting rate

You can use this calculator to access your detailed financial profile based on current contract earnings.

This calculator takes your contract’s hourly or daily rate and delivers a comprehensive financial profile. It also includes a summary of your net income, showing how this may be affected by contract rate changes and IR35 status.

Your company revenue and profit are also provided, as well as an overview of your tax liabilities. This calculator also informs you of your pension and mortgage options, and your target salary if you chose to return to employment.

Please enter your details to find your 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 2022)
Tax year:  

Solutions for Contractors: