NetRate

§ Contractor calculator · £400/day

£400/day contractor take-home calculator.

At £400/day (5 days × 46 weeks = annual gross £92,000), here's what each contracting structure actually pays in the 2026/27 tax year.

§ Quick answer

At £400/day, the most tax-efficient structure is permanent salary at £63,917 net annual — an effective tax rate of 30.52%.

Outside IR35 (Ltd)
£61,432/yr
Inside IR35 (Umbrella)
£56,556/yr
Permanent salary
£63,917/yr

Mid-senior contractor rate. Common for software developers, BA/PMs, marketing consultants.

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