Use the UK consultant & contractor income calculator to estimate your take home pay
Deciding to become a consultant or contractor can be daunting. There are various tax implications and it can be difficult to understand what you would earn. So feel free to use the calculator below to estimate of what your take home earnings (earnings after tax) might be as a consultant or contractor.
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This calculator assumes that you operate as a UK consultant or contractor under a UK limited company. It takes into account corporation tax, personal tax, personal national insurance and employers national insurance. However there are other factors that can affect your earnings such as: age, student loan fees, benefits, marital status and many more. This calculation should be used to provide an indicative steer on what your earnings might be. Seek professional accountancy advice if you’d like precise numbers.
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