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Target Income Permanent Calculator

Calculate what salary you need to earn your target monthly net income

Employees can use this calculator to find out how much their employment income needs to rise to earn their desired net monthly income.

For employees considering switching over to contracting, this calculator also specifies the hourly and daily rates required to earn the same amount, for contracts both inside and outside of IR35.

Taking into account your target monthly income, current annual salary and tax code, this calculator will work out by how much your annual salary will need to increase, in both cash and percentage terms.

Please enter your details to find out:

Desired monthly net income: £
Current gross annual salary: £
Personal tax code:  
    (Single person code 1257L - Budget 2024)
Tax year:  

Solutions for Contractors: