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About this calculator

Inside IR35 Calculator — PAYE-style take-home pay for UK contractors

Our Inside IR35 Calculator estimates the take-home pay of a UK contractor whose engagement falls inside IR35 and is therefore taxed as employment. Enter your day rate or assignment rate and see net pay after PAYE Income Tax, employee National Insurance, employer NI, the apprenticeship levy, umbrella margin and any pension contributions for the 2025/26 tax year.

It is designed for contractors working through an umbrella company, agency PAYE workers, and end clients or recruiters reviewing offers under the off-payroll working rules. Permanent employees considering a move into contracting can also use it to compare an inside IR35 day rate against their current salary.

The model treats the assignment rate as the umbrella's total cost. We deduct employer NI at 15% above the secondary threshold, the 0.5% apprenticeship levy and the umbrella's weekly margin to derive your gross taxable pay. Standard PAYE then applies: the £12,570 personal allowance, 20%, 40% and 45% Income Tax bands, and Class 1 employee NI at 8% and 2%. Figures are estimates and may vary with tax code, salary sacrifice pension and individual circumstances — always check a final umbrella illustration before signing.

Money Tools UK

Inside IR35 Calculator

Last updated for UK tax year 2025/26Calculations are estimates and may vary depending on individual circumstances.
Inside IR35 / Umbrella

Estimate your take-home pay when working inside IR35 through an umbrella company or PAYE arrangement.

What does inside IR35 mean?

Inside IR35 income is commonly paid through an umbrella company or PAYE arrangement. This calculator uses the same umbrella PAYE deduction model to estimate take-home pay.

When a contract is inside IR35, HMRC treats it like employment for tax purposes. You pay PAYE income tax and National Insurance on your earnings, just like a permanent employee. Take-home pay is usually lower than outside IR35 limited company contracting because there is no salary/dividend split. For a side-by-side breakdown see the Umbrella Company Calculator.

£

Between 0 and 7 days.

Between 1 and 52 weeks.

£

Weekly fee charged by the umbrella company.

%

Between 0% and 100% of gross salary.

1257L is the standard UK tax code used for most employees and contractors.

£

Allowable business expenses reimbursed through the umbrella.

Estimated annual take-home pay

Calculation assumptions

  • UK 2025/26 PAYE thresholds and tax bands.
  • Employer NI 15% above £5,000; apprenticeship levy 0.5%.
  • Employer costs deducted from the assignment rate before gross PAYE salary.
  • Tax code 1257L assumed unless changed.
  • Hourly mode assumes 8 working hours per day.

£59,742

Average retention · 57.7% retention

Typical for a UK umbrella contractor.

Monthly

£4,978.49

Weekly

£1,298.74

Total deductions

£43,758

PAYE income tax

£21,352

Employee NI

£3,707

Employer NI

£12,640

Umbrella margin

£1,150

Pension

£4,463

Student loan

£0

Deduction breakdown

How your annual contract income flows from the assignment rate to net pay.

Annual contract income£103,500
Less: umbrella margin£1,150
Less: expenses (reimbursed tax-free)£0
Less: employer NI£12,640
Less: apprenticeship levy£446
Gross taxable salary£89,264
Less: pension contribution£4,463
Taxable pay£84,801
Less: PAYE income tax£21,352
Less: employee NI£3,707
Less: student loan£0
Plus: expenses reimbursement£0
Net annual take-home£59,742

Holiday pay is included in the rate (rolled up). Tax code 1257L assumed. 2025/26 thresholds.

Comparing to permanent employment? Try the Take-Home Pay Calculator or convert a salary using the Salary to Hourly Calculator.

How this umbrella calculator works

Inside IR35 FAQs

This calculator provides estimates only and should not be treated as tax, payroll or financial advice. Umbrella company deductions and tax treatment can vary.

At-a-glance comparison

How the main UK contracting routes compare

Tax, take-home pay, admin, pensions and expenses across PAYE, umbrella and limited company — plus the practical differences between inside and outside IR35 engagements.

PAYE vs Umbrella vs Limited Company

A side-by-side view of the three main UK contracting structures for the 2025/26 tax year.

Tax treatment

Agency PAYE

PAYE Income Tax + employee NI on full assignment rate.

Umbrella Company

PAYE + employee & employer NI + apprenticeship levy + margin.

Limited Company

Salary up to NI threshold + dividends; corporation tax 19–25%.

Typical take-home

Agency PAYE

≈ 60–68% of assignment rate after PAYE & NI.

Umbrella Company

≈ 55–65% after employer costs and umbrella margin.

Limited Company

≈ 75–82% on a typical £500/day contract outside IR35.

Admin burden

Agency PAYE

None — agency runs payroll, you receive a payslip.

Umbrella Company

Minimal — submit timesheet, umbrella handles payroll.

Limited Company

Higher — bookkeeping, VAT, payroll, annual accounts, CT600.

Pension flexibility

Agency PAYE

Auto-enrolment workplace pension at statutory minimums.

Umbrella Company

Salary sacrifice usually available — efficient employer contributions.

Limited Company

Fully flexible — employer contributions up to £60k annual allowance.

Expense treatment

Agency PAYE

No business expenses claimable against agency income.

Umbrella Company

Limited; SDC rules generally block travel & subsistence.

Limited Company

Wholly & exclusively business expenses fully deductible.

Best for

Agency PAYE

Short bookings or contractors who want zero admin.

Umbrella Company

Inside IR35 engagements and short-term contracts.

Limited Company

Outside IR35, longer engagements, higher day rates.

Inside IR35 vs Outside IR35

How the off-payroll working rules change tax, take-home pay and day-to-day admin.

Tax treatment

Inside IR35

Full PAYE Income Tax + Class 1 NI on deemed employment income.

Outside IR35

Tax-efficient salary + dividends through your limited company.

Take-home pay

Inside IR35

Lower — typically 55–65% via umbrella, no salary/dividend split.

Outside IR35

Higher — typically 75–82% net retention after corporation & personal tax.

Who decides status

Inside IR35

Public sector & medium/large private clients issue a Status Determination Statement (SDS).

Outside IR35

Same SDS process; small private clients leave the determination to the contractor.

Admin burden

Inside IR35

Low — umbrella runs payroll; little for you to manage.

Outside IR35

Higher — limited company filings, VAT and IR35 evidence to retain.

Pension flexibility

Inside IR35

Salary sacrifice via umbrella — efficient but capped by assignment rate.

Outside IR35

Employer contributions from the company up to £60k annual allowance.

Expense treatment

Inside IR35

SDC rules typically block travel, subsistence and home-office claims.

Outside IR35

Genuine business expenses (travel, equipment, software) fully deductible.

Risk profile

Inside IR35

Low — status agreed up front, deductions handled by fee-payer.

Outside IR35

Status must hold up to HMRC review; keep a contract & working-practices review.

Estimates for the 2025/26 UK tax year using HMRC thresholds. Individual circumstances vary — always confirm with a qualified accountant.

Trust & transparency

Why trust these calculations?

How Money Tools UK keeps every calculator accurate, current and transparent.

  • UK tax year 2025/26

    Calculations use the current UK tax year bands, allowances and thresholds for England, Wales and Northern Ireland.

  • HMRC-aligned thresholds

    Personal allowance, NI primary/upper limits, dividend bands, corporation tax and SDLT bands follow published HMRC rates.

  • Regularly updated

    Rates are reviewed each Budget and Autumn Statement, then refreshed across every calculator on this site.

  • Transparent assumptions

    Each tool documents its inputs, formulas and edge cases — no hidden fudge factors or marketing-led numbers.

  • Educational purpose

    Results are estimates for guidance and learning only and are not personal tax, legal or financial advice.