Inside IR35
£74,423 annual cash
£121,848 cash-equivalent salary
UNDERSTAND YOUR NUMBERS
Paid Holiday Value Calculator
Estimate the salary allocation for paid leave and contractor days needed to invoice the same gross amount.
Tax year 2026/27 · Last verified · Methodology · Official sources
Value paid leave
2026/27Your estimate
- Approximate gross paid-leave allocation
- £11,379
- Equivalent invoice days before tax
- 19.0
Planning estimate, not advice. Monetary examples use England, no other income or loans. No automatic levy, umbrella fee or pension charge is assumed. Outside IR35 uses £3,000 annual expenses; company tax assumes a full accounting year.
Worked example: £600/day
220 billable days give £132,000 revenue. These figures use the same engine as your comparison.
Outside IR35
£78,666 annual cash
£133,093 cash-equivalent salary
Make it yours
England, no loans or other income. Inside: assignment rate, no margin, levy or pension. Outside: £3,000 expenses, Personal Allowance salary, no pension or retained profit. Salary comparison: 5% employee and employer pension.
Compare with your salaryHow this calculation works
Salary ÷ available weekdays × paid leave days gives a gross leave allocation. Divide by day rate for equivalent invoice days, before tax and employer costs.
Important assumptions
Paid leave is already in salary. Do not add this allocation again to total compensation. Keep bank holidays separate from annual leave.
Frequently asked questions
Is revenue the same as take-home?
No. Employment costs, expenses and taxes can apply before money reaches you. Pension and retained profit are separate.
Can this decide IR35 status?
ContractorMoney.co.uk does not determine IR35 employment status. We model financial consequences after you select a status.
Sources and review
Tax year 2026/27 · Last verified · Methodology · Official sources
- HMRC Income Tax, NI and student-loan thresholds
- HMRC dividend tax
- HMRC Corporation Tax and marginal relief
- HMRC pension tax relief
- HMRC off-payroll working guidance
- Government umbrella-company guidance
ContractorMoney.co.uk does not determine IR35 employment status. Use HMRC's official status guidance. Estimates only, not tax, financial, legal, accounting or investment advice. Read the limitations.