180 billable days
- Contract revenue
- £90,000
- Inside annual cash
- £56,327
- Outside annual cash
- £59,071
- Inside cash-equivalent salary
- £83,217
- Outside cash-equivalent salary
- £88,206
- Outside cash + pension salary equivalent
- £74,636
Show calculation
Inside IR35
Assignment / PAYE rate revenue: £90,000
Day rate × billable days; rate type determines whether employer costs are included.
Umbrella margin: £0
Explicit annual fee. No silent default.
Other employer costs: £0
Deducted before solving worker gross pay.
Employer NI: -£11,087
Assignment rate includes this cost; gross PAYE rate excludes it.
Employer pension: £0
Percentage of gross pay, deducted from assignment budget.
Apprenticeship levy: £0
0.5% of pay when umbrella levy applies.
Gross employment cash: £78,913
Salary + bonus + cash car allowance.
Salary sacrifice: £0
Reduces taxable pay and NI pay; added to employer pension.
Employee pension: £0
Net-pay arrangement: reduces income tax, not NI. Percentage of base salary.
Personal allowance: £12,570
£12,570 reduced £1 for every £2 of adjusted net income above £100,000.
Income tax at 20 %: £7,540
£37,700.00 × 20 %
Income tax at 40 %: £11,457
£28,643.04 × 40 %
Incremental personal tax: -£18,997
Total personal tax with this job less tax on other income alone.
Employee NI: -£3,589
Annual category A estimate: 8% between £12,570 and £50,270; 2% above.
Student loan: £0
Annualised repayments attributable to this job.
Net cash: £56,327
Annual spendable cash from this scenario; excludes other income.
Employer pension: £0
Employer contribution plus salary sacrifice.
Employer NI including Class 1A: £11,087
Employer cost, not deducted from your salary.
Benefits value: £0
Gross non-cash value, separately labelled.
Other deductions: £0
After-tax deductions.
Gross holiday pay accrued: £0
12.07% of base pay, included in total annual gross earnings. Net payment timing depends on payroll; annual cash assumes all accrual is eventually paid.
Outside IR35
Company revenue: £90,000
Contract revenue + other company revenue; excludes VAT.
Allowable expenses: -£3,000
Assumes all entered costs qualify for Corporation Tax deduction.
Director salary: -£12,570
Evaluated salary; paid from company funds.
Employer NI: -£1,136
15% above £5,000 less eligible Employment Allowance.
Company pension: £0
Assumed qualifying employer contribution deductible before Corporation Tax.
Taxable company profit: £73,295
Revenue less expenses, salary, employer NI and pension.
Corporation Tax: -£15,673
19% / 25% with marginal relief; thresholds divided by 1 + associated companies. Assumes 12-month period and no exempt distributions.
Post-tax distributable profit: £57,621
No brought-forward losses or reserves assumed.
Dividends withdrawn: £57,621
Limited to current distributable profit.
Retained company profit: £0
Company reserves, not personal take-home.
Personal allowance: £12,570
£12,570 reduced £1 for every £2 of adjusted net income above £100,000.
Dividend tax at 10.75 %: £3,999
£37,200.00 taxable dividends × 10.75 %
Dividend tax at 35.75 %: £7,122
£19,921.46 taxable dividends × 35.75 %
Incremental income tax: £0
Includes any allowance taper affecting other income.
Incremental dividend tax: -£11,121
Total dividend tax less baseline tax on other dividends.
Employee NI: £0
Annual director category A NI.
Student loan: £0
Self Assessment estimate including unearned income above £2,000.
Take-home cash: £59,071
Salary + dividends − incremental personal tax − employee NI − student loan.