§ Contractor calculator · IT Contractor
IT Contractor
take-home calculator.
IT contracting covers software developers, infrastructure engineers, cloud architects, DevOps specialists, and technical analysts. Day rates span £300 for junior contractors up to £1,000+ for principal-level specialists.
§ Quick answer — typical £500/day rate
At £500/day (5 days × 46 weeks = £115,000 gross), the most tax-efficient structure is permanent salary at £74,257 net annual — effective tax rate 35.43%.
- Outside IR35 (Ltd)
- £72,293/yr
- Inside IR35 (Umbrella)
- £68,105/yr
- Permanent salary
- £74,257/yr
IT contractor demand is consistent across financial services, public sector, and fintech. Most engagements are now Inside IR35 since the 2021 off-payroll reforms.
§ Try your own rate
§ Other professions
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