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IR35 Calculator - Results (Outside IR35)

Understand the impact of IR35 on your NET income

Show calculations for if my contract was inside IR35

  • Your current net monthly income is £2,596
  • If you get caught by IR35, this decreases £444 (17%) to £2,151
  • If caught, raising your rate by £6.18 (24%) to £31 achieves the same income
  • You can lower your rate by £3.9 and earn the same as someone inside IR35
  • You can take an extra 9 weeks holiday and earn the same as someone inside IR35
  • To get the same income via permanent employment would require a salary of £40,613

Solutions for Contractors: