Take Home Pay Calculator
Our Take Home Pay Calculator illustrates what you could take home as a contractor. The calculator provides a guide to your monthly take home pay, and shows how this compares to working through an umbrella company.
Our calculator can also demonstrate your expected earnings as a contractor in terms of your IR35 status. To learn more about your IR35 status please visit our Contractors Guide to IR35.
If you are thinking about making the move to contracting, please call our New Business Team on 01253 362062 or email firstname.lastname@example.org.
Please note that this calculator represents earnings from the tax year 15/16. If you are looking to gain a more accurate view of your earnings for the tax year 16/17, please contact the New Business Team on 01253 362062 or email: email@example.com
Alternatively, if you are a client of Nixon Williams, please contact your accountant for a bespoke calculation for the tax year 16/17.
|Outside IR35 Year 1||Outside IR35 Year 2||Inside IR35 Year 1||Umbrella|
|Monthly Take home pay|
|Take home pay as % of annual income|