NetRate

§ Contractor calculator · £200/day

£200/day contractor take-home calculator.

At £200/day (5 days × 46 weeks = annual gross £46,000), here's what each contracting structure actually pays in the 2026/27 tax year.

§ Quick answer

At £200/day, the most tax-efficient structure is permanent salary at £36,640 net annual — an effective tax rate of 20.35%.

Outside IR35 (Ltd)
£35,970/yr
Inside IR35 (Umbrella)
£31,946/yr
Permanent salary
£36,640/yr

Entry-level contracting territory — junior developers, support staff, recently-trained tradespeople moving from PAYE.

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