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Target Income Contracting Calculator - Results

  • Your desired net income of £4,000 is £1,403 (54%) more than your current net income of £2,596
  • To earn your desired income you need a rate rise of £16 (64%) to £41
  • Keeping the rate the same you would need to find other income of £22,500 per year
  • Alternatively, if you went permanent you would need an annual salary of £68,046.

Solutions for Contractors: