Contractor Accountant

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

IR35 Calculator - Results (Outside 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 inside IR35

  • Your current net monthly income is £5,692
  • If you get caught by IR35, this decreases £978 (17%) to £4,713
  • If caught, raising your rate by £147 (32%) to £607 achieves the same income
  • You can lower your rate by £86 and earn the same as someone inside IR35
  • You can take an extra 11 weeks holiday and earn the same as someone inside IR35
  • To get the same income via permanent employment would require a salary of £104,667

Solutions for Contractors: