Ltd Company Contractor Calculator
Calculate your take-home pay as a limited company contractor — outside or inside IR35. 2026/27 tax year.
Your Details
5%
Annual Contract Revenue
£115,000
£9,583/month
Take-Home (Outside IR35)
£68,569
£5,714/month · 40.4% tax rate
Take-Home (Inside IR35)
£64,853
£5,404/month · 43.6% tax rate
Outside IR35
Gross Revenue£115,000
Business Expenses-£2,400
Optimal Salary-£12,570
Employer's NI-£1,136
Company Pension-£5,750
Company Profit£93,145
Corporation Tax-£20,933
Retained Earnings (Dividends)£72,211
Dividend Tax-£16,212
Net Salary (no tax)£12,570
Total Take-Home£68,569
Inside IR35
Gross Revenue£115,000
5% Expenses Allowance-£5,750
Deemed Salary£109,250
Employer's NI-£15,638
Net Deemed Salary£93,613
Income Tax-£24,877
Employee NI-£3,883
Total Take-Home£64,853
vs PAYE Employee (same gross)
PAYE Take-Home£77,257
IR35 vs PAYE difference-£12,405
Outside IR35 take-home
£68,569
£5,714/month
IR35 costs you per year
£3,717
£310/month
Inside IR35 take-home
£64,853
£5,404/month
Calculations based on 2026/27 tax rates. Assumes single company, no associates. Consult an accountant for personal advice.