UK CONTRACTOR TAKE-HOME
UK Contractor Calculator
Compare common working structures with transparent rate, time and tax assumptions.
IR35 status depends on the actual working arrangement and contract. This calculator does not determine employment status.
02 ESTIMATED RESULT
ANNUAL CONTRACT REVENUE£115,0005 × 46 billable units
These structures have different rights, costs and status rules; the figures are estimates, not a recommendation.
Your estimated taxable turnover is above the current VAT registration threshold. VAT registration may be required.
Assumptions and limitations
Annual estimates use standard annual National Insurance thresholds. Class 2 is not deducted: profits at or above £7,105 are treated as paid, while voluntary Class 2 below that level is optional. This model excludes umbrella margin, Apprenticeship Levy, benefits, capital allowances, VAT schemes, CIS, overseas residence and other specialist circumstances.
This calculator provides estimates based on the selected assumptions and published UK tax rates. It does not determine employment status and is not tax, accounting, legal, or financial advice. Actual liabilities may differ based on your circumstances.