Ltd Company Contractor Calculator
Calculate your take-home pay as a limited company contractor — outside or inside IR35. 2025/26 tax year.
Your Details
5%
Annual Contract Revenue
£115,000
£9,583/month
Take-Home (Outside IR35)
£70,323
£5,860/month · 38.8% tax rate
Take-Home (Inside IR35)
£65,906
£5,492/month · 42.7% tax rate
Outside IR35
Gross Revenue£115,000
Business Expenses-£2,400
Optimal Salary-£12,570
Employer's NI-£479
Company Pension-£5,750
Company Profit£93,801
Corporation Tax-£21,107
Retained Earnings (Dividends)£72,694
Dividend Tax-£14,940
Net Salary (no tax)£12,570
Total Take-Home£70,323
Inside IR35
Gross Revenue£115,000
5% Expenses Allowance-£5,750
Deemed Salary£109,250
Employer's NI-£13,821
Net Deemed Salary£95,429
Income Tax-£25,604
Employee NI-£3,919
Total Take-Home£65,906
vs PAYE Employee (same gross)
PAYE Take-Home£77,257
IR35 vs PAYE difference-£11,351
Outside IR35 take-home
£70,323
£5,860/month
IR35 costs you per year
£4,417
£368/month
Inside IR35 take-home
£65,906
£5,492/month
Calculations based on 2025/26 tax rates. Assumes single company, no associates. Consult an accountant for personal advice.