Target Income Calculator

Calculate the contract rate or salary you need to earn your desired monthly net income

You can use this versatile calculator to work out the contract rate or permanent employment salary you need to earn your target net income each month.

Simply enter your target monthly take home pay and this calculator will show how much you would need to earn as both a contractor and an employee, with tax taken into account.

For contractors, both hourly and daily rates are displayed, as well as increased rates for contracts that fall within IR35. For employees, the calculator estimates an annual salary requirement.

Please enter your details to find out your required earnings:

Desired monthly net income:	£
Personal tax code:
		(Single person code 1250L - Budget 2019)
Tax year:		Fiscal Year 2000/2001 Fiscal Year 2001/2002 Fiscal Year 2002/2003 Fiscal Year 2003/2004 Fiscal Year 2004/2005 Fiscal Year 2005/2006 Fiscal Year 2006/2007 Fiscal Year 2007/2008 Fiscal Year 2008/2009 Fiscal Year 2009/2010 Fiscal Year 2010/2011 Fiscal Year 2011/2012 Fiscal Year 2012/2013 Fiscal Year 2013/2014 Fiscal Year 2014/2015 Fiscal Year 2015/2016 Fiscal Year 2016/2017 Fiscal Year 2017/2018 Fiscal Year 2018/2019 Fiscal Year 2019/2020 Fiscal Year 2020/2021 Fiscal Year 2021/2022 Fiscal Year 2022/2023 Fiscal Year 2023/2024 Fiscal Year 2024/2025
		CALCULATE

Solutions for Contractors: