Management Consultant take-home calculator

Independent management consultants command some of the higher day rates, reflecting strategic responsibility and client seniority. Rates scale sharply with niche expertise.

Typical day rate

£500–£1,000

Inside IR35 take-home*

£77,473/yr

Outside IR35 take-home*

£86,063/yr

*At £650/day over 220 billable days. Outside IR35 (limited company) is £8,589/year better at this rate.

Work out your take-home

Pre-filled with a typical management consultant rate — change it to match your contract.

Advanced options

Inside IR35 (umbrella)

£77,473/yr

You keep 54% of the contract value

Assignment rate£143,000
Umbrella margin-£1,150
Employer NI-£17,769
Apprenticeship levy-£617
Income tax (PAYE)-£41,510
Employee NI-£4,480
Take-home pay£77,473

Outside IR35 (limited company)

£86,063/yr

You keep 60% of the contract value

Company revenue£143,000
Director salary-£12,570
Employer NI on salary-£1,136
Corporation tax-£30,513
Dividend tax-£25,289
Income tax + NI on salary-£0
Take-home pay£86,063

Outside IR35 (limited company) leaves you £8,589/year better off at this rate.

Questions

What is a typical management consultant day rate in the UK?

Management Consultant day rates in the UK typically fall between £500 and £1,000, with around £650 a common mid-point. Your rate depends on experience, location, sector and IR35 status.

How much does a management consultant take home after tax?

At £650 a day over 220 billable days, take-home is roughly £77,473 inside IR35 (umbrella) or £86,063 outside IR35 (limited company) for 2025/26. Adjust the calculator for your exact figures.