DAY-RATE TAKE-HOME

£750 a Day Contractor Take-Home Pay UK

At 5 billable days a week for 46 working weeks, the estimated annual contract revenue is £172,500 across 230 working days (£14,375 gross per month).

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Enter only expenses that qualify for tax relief.
ANNUAL CONTRACT REVENUE£172,5005 × 46 billable units
Sole trader£102,640£8,553 / month
Inside IR35£91,632£7,636 / month
Limited company£94,906£7,909 / month

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.