Target Income Calculator - Results

To earn your desired net monthly income of £4,000 you will need an annual salary of £68,046
To earn your desired income contracting you would need a rate of £41 per hour (£308 per day) if outside IR35, or a rate of £53 per hour (£398 per day) if inside IR35.

Solutions for Contractors:

Closing your company?

Do you have retained cash? Use an MVL to pay only 10% tax. Find out how.

MPU