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IR35 Calculator - Results (Inside IR35)

Understand the impact of IR35 on your NET income

NOTE: The tax calculations under the new Off-Payroll legislation are different, and not as high for the contractor. Please use our Off-Payroll Calculator if you wish to calculate your tax under the new legislation.

Show calculations for if my contract was outside IR35

  • Your current net monthly income is £5,068
  • Avoiding IR35 would increase your income by £1,024 (20%) to £6,092
  • Increasing your rate by £148 (29%) to £648, earns you the same as someone outside IR35
  • You can take an IR35 compliant contract for £93 less and still receive the same income
  • If you avoided IR35 and took an extra 11 weeks holiday you would still earn the same
  • To get the same income via permanent employment would require a salary of £90,161.

Solutions for Contractors: