Calculate Your True Take-Home Pay as a UK Contractor (Inside vs Outside IR35)
Updated for the 2026/27 Tax Year. Professional, accurate, and free.
Input Details
Estimated Results
Annual Gross Revenue
Estimated Annual Take-Home
*Estimates based on 2026/27 tax assumptions. Includes Corporation Tax (25%) and Dividend/PAYE approximations.
How It Works
Our calculator simplifies complex UK tax legislation into a clear monthly or annual figure. By entering your daily rate, we apply the latest 2026/27 thresholds for National Insurance, Income Tax, and Corporation Tax.
- Outside IR35: Calculates optimal salary/dividend split and Corporation Tax.
- Inside IR35: Factors in Employer NI and Apprenticeship Levy deductions typical of Umbrella companies.
Tax Rates Explained (2026/27)
For the 2026/27 tax year, the Personal Allowance remains at £12,570. The Basic Rate (20%) applies up to £50,270, with the Higher Rate (40%) and Additional Rate (45%) applied thereafter. Corporation Tax for Limited Companies is tiered up to 25% for profits over £250,000.
Frequently Asked Questions
What is the difference between Inside and Outside IR35?
Outside IR35 means you are operating as a genuine business, allowing for more tax-efficient profit extraction. Inside IR35 means you are taxed similarly to an employee.
Is this calculator accurate for 2026?
Yes, we have updated our logic to reflect the projected tax bands and legislation for the 2026/27 fiscal year.
What Contractors Say
“The most intuitive calculator I’ve used. It helped me decide between two contract offers in minutes.” – Senior Dev, London