IR35 & Contracting
Contractor Take-Home Pay Calculator
Estimate annual, monthly, and weekly take-home for sole trader, umbrella company, and limited company structures.
Annual take-home pay
£76,432.21
£6,369.35 monthly. Tax year 2026/27.
Strategy: LimitedCompanyStrategy
- Annual gross income
- £126,500.00
- Deductible expenses estimate
- £3,000.00
- Taxable income
- £122,364.50
- Estimated taxes
- £0.00
- National Insurance
- £1,135.50
- Corporation tax
- £25,345.54
- Dividend tax
- £20,586.75
- Pension deduction
- £0.00
- Weekly take-home pay
- £1,469.85
- Effective deduction rate
- 39.58%
How structure selection works
The page delegates calculations to separate sole-trader, umbrella-company, and limited-company strategy classes. The umbrella and limited-company strategies reuse the shared IR35 calculation service rather than copying Batch 1 formulas into the page.
FAQ
Why does umbrella ignore expenses?
Umbrella workers generally have a narrower expense position than a trading business. The calculator keeps that assumption visible instead of treating all entered costs as deductible.
Does sole trader include Class 4 National Insurance?
Yes. Sole trader estimates use configured self-employed National Insurance thresholds and rates for the selected tax year.
Related tools
Contractor Day Rate Calculator, IR35 Tax Calculator, and Umbrella Company Take-Home Pay Calculator.
Disclaimer
Results are estimates and are not tax, financial, accounting, legal, employment, or payroll advice.