SG Accounting
|

Our small logo in orange and blue

|

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

Support ContractorCalculator

Contribute Membership

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:

£
Relevant Life Insurance

Contractor Latest
Relevant Life insurance plans - 10 key facts for contractors

Your company can pay for your life insurance, saving you thousands in tax relief on all the premiums. Switching is easy. Here's how.

|Contractor Life Insurance

How contractors can close down their limited companies

If a contractor changes career path or decides for another reason that their limited company is no longer needed, they can choose to close it down.

|Limited Companies

Off-Payroll Tax to go ahead in April 2020 despite review, announces Treasury

Government has launched a review of the Off-Payroll legislation yet still intends to extend the rules to the private sector in April 2020.

|IR35

What employee benefits do contractors not get?

Here are some of the important differences when comparing the situations of contractors versus permanent employees.

|First timers

Rough Tax Justice: ‘Team RALC’ dissects its IR35 Tribunal victory

Chris Leslie of Tax Networks Ltd and ContractorCalculator CEO Dave Chaplin dissect Team RALC’s IR35 Tribunal victory over HMRC.

|IR35

HMRC pulls wool over NAO’s eyes during CEST enquiry

HMRC has responded to the NAO’s CEST enquiry with familiar standard responses, reinforcing the urgent need for a comprehensive IR35 review.

|IR35

OFF-PAYROLL / IR35: How to combat an unfair CEST determination

Are you being unfairly treated due to a CEST determination? Here's how to combat unfair CEST

|IR35

View all news
MPU
Dave Chaplin

Dave's blog

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

Article Image Stop the Off-Payroll Tax: Final push required to mitigate Off-Payroll damage

The contract sector needs to rally together to capitalise on its campaign efforts and help mitigate the damage threatened by the Off-Payroll tax.

Tue, 10 Sep 2019

Article Image GSK letters show HMRC as no better than a common scammer wrecking the UK economy

Is HMRC out of control? Its latest phishing letters make false demands, scamming small businesses like a con artist and wrecking the UK economy.

Thu, 05 Sep 2019

Nixon Williams

Other Contracting News

New IR35 rules could hit oil and gas workers hard, MP warns - News for the Oil and Gas Sector

North-east oil and gas workers face a 25% loss of earnings if new tax rules come into effect next year, an MP has warned.

Sat, 28 Dec 2019 - IR35

Sajid Javid announces Conservatives will review IR35 in 2020

In a potential breakthrough for the Stop The Off-Payroll Tax campaign, the Chancellor of the Exchequer, Sajid Javid, has announced that they will review the controversial IR35 legislation

Sat, 30 Nov 2019 - IR35

Business urges delay to tax changes affecting temporary workers

Research shows many businesses are underprepared as April deadline looms.

Wed, 30 Oct 2019 - IR35

These Men Killed Themselves After The Government Hit Them With Historic Tax Demands

"The loan charge took my brother’s life — he was a father, a son, an uncle, a partner: It has essentially destroyed our family."

Thu, 10 Oct 2019 - Tax Issues

Found something to share with us? Let us know! More
Shield Passport Process

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:

£
Contractors
Financial Profile Calculator What is my financial profile? IR35 Calculator How does IR35 affect/cost me?
Permanent Employees
Financial Profile Calculator What is my financial profile? PAYE/NI Calculator How much PAYE/NI do I pay?
Small Business
Dividend Tax Calculator Calculate taxes due on dividends Limited Company Calculator Calculate company profits and taxes
Financial planning
Mortgage Assessor Calculator How much mortgage can you get as a contractor? Contractor Pension Calculator Calculate the benefits of diverting pre-taxed income to a pension.
Taxation
PAYE/NI Net Salary Tax Calculator Quickly calculate PAYE income tax, N.I and net pay. VAT Calculator Calculate VAT amounts for invoicing.
Quick Calculator Finder

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

Complete calculator directory

Contractor Solutions

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
IR35 ShieldQuickly and accurately prove you are IR35 compliant.
Contractors HandbookThe expert guide for UK contractors and freelancers
Nixon Williams AccountantsStart your FREE TRIAL of our cloud based platform today.
Clever AccountsComplete contractor accounting service. 24/7 online access. £79.50 pm!
Contractor Accountant

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

Article Image Relevant Life insurance plans - 10 key facts for contractors

Your company can pay for your life insurance, saving you thousands in tax relief on all the premiums. Switching is easy. Here's how.

Mon, 13 Jan 2020 |Contractor Life Insurance

Popular guides

Quick guide finder

Can't find the guide you're looking for? Search for guides here.

View all guides

Contractor Q&A

Contractor Q+A Q. Can I apply for different contracts with the same agent? A.

Should you target your CV differently for different roles advertised by the same agent?

Tue, 13 Nov 2018

Ask a question

Business insurance

Hiscox
Our Guide to Public Liability Insurance

Financial services

Mortgages

  • Based on contract multiples
  • Competitive rates
  • Fast service
Find out more

Pensions

  • Incredibly tax efficient
  • Paid for out of gross fees
  • Flexible options
Find out more

Income Protection

  • Income when too ill to work
  • Premiums are tax deductible
  • Work with peace of mind
Find out more

Life Insurance

  • Protect loved ones
  • Tax deductible
  • Death in service benefits
Find out more

Recent Media Coverage

Workingmums.co.uk

Mon, 20 Jan 2020

Contractors must prepare for new off-payroll tax changes

New tax legislation that will be introduced in April 2020 is set to have a huge impact on contractors working in the private sector as the Government takes steps to raise more taxes from so called ‘deemed employment’.

Accountancy Age

Wed, 15 Jan 2020

IR35: Four out of ten companies considering dropping contractors

Four out of ten businesses are considering phasing out contractors when IR35 legislation is introduced, according to a survey just out.

HR Review

Wed, 08 Jan 2020

Review in to IR35 officially launched by Government

According to the Government “the review will determine if any further steps can be taken to ensure the smooth and successful implementation of the reforms, which are due to come in to force in April 2020.”

Computer Weekly

Tue, 07 Jan 2020

Government confirms IR35 private sector reforms under review ahead of April 2020 start date

The Government is honouring its pledge to embark on a review of its plans to extend the IR35 off-payroll rules to the private sector that will focus on ensuring the changes are introduced in a “smooth” way in April 2020.

Telegraph

Tue, 07 Jan 2020

'Job killing' tax rule change for freelancers under official review 

Controversial reforms to tax rules for off-payroll workers will be formally reviewed, after the proposals rattled the contractor market and left freelancers facing massive pay cuts, higher taxes and the threat of being left out of a job.

Also Featured In

  • Taxation
  • BBC Radio 4
  • Financial Times
  • The Register
  • Lawyer Monthly
  • Personnel Today
  • Recruiter
  • Taxation Web
  • Yahoo Finance
  • Accounting Web
  • Management Today
  • The Mail Online
  • The Telegraph
  • The Guardian
  • Private Eye
  • Accountancy Age
  • Computer Weekly
  • People Management
  • The Independent
  • HR Director
  • Staffing Industry Analysts
  • Forbes
  • BBC