£325 a day take-home pay
A £325/day contract is worth about £71,500 a year over 220 billable days. Here is roughly what you keep under each IR35 status for 2025/26 — and you can fine-tune every assumption below.
| Day rate | £325 |
| Billable days assumed | 220 |
| Gross annual contract value | £71,500 |
| Take-home — inside IR35 (umbrella) | £46,261 |
| Take-home — outside IR35 (limited) | £52,665 |
| Difference | £6,404 |
At £325/day, Outside IR35 (limited company) leaves you £6,404/year better off.
Adjust the numbers
Change days worked, salary, expenses or umbrella margin to match your situation.
Inside IR35 (umbrella)
£46,261/yr
You keep 65% of the contract value
Assignment rate£71,500
Umbrella margin-£1,150
Employer NI-£8,484
Apprenticeship levy-£308
Income tax (PAYE)-£12,055
Employee NI-£3,242
Take-home pay£46,261
Outside IR35 (limited company)
£52,665/yr
You keep 74% of the contract value
Company revenue£71,500
Director salary-£12,570
Employer NI on salary-£1,136
Corporation tax-£11,566
Dividend tax-£6,134
Income tax + NI on salary-£0
Take-home pay£52,665
Outside IR35 (limited company) leaves you £6,404/year better off at this rate.