§ Contractor calculator · £550/day
£550/day contractor
take-home calculator.
At £550/day (5 days × 46 weeks = annual gross £126,500), here's what each contracting structure actually pays in the 2026/27 tax year.
§ Quick answer
At £550/day, the most tax-efficient structure is permanent salary at £78,203 net annual — an effective tax rate of 38.18%.
- Outside IR35 (Ltd)
- £77,724/yr
- Inside IR35 (Umbrella)
- £72,045/yr
- Permanent salary
- £78,203/yr
Senior specialist rate. Fintech engineers, senior data engineers, senior UX designers.
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