£750 a day take-home pay

A £750/day contract is worth about £165,000 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 £750
Billable days assumed 220
Gross annual contract value £165,000
Take-home — inside IR35 (umbrella) £87,317
Take-home — outside IR35 (limited) £94,918
Difference £7,601

At £750/day, Outside IR35 (limited company) leaves you £7,601/year better off.

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Change days worked, salary, expenses or umbrella margin to match your situation.

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Inside IR35 (umbrella)

£87,317/yr

You keep 53% of the contract value

Assignment rate£165,000
Umbrella margin-£1,150
Employer NI-£20,627
Apprenticeship levy-£713
Income tax (PAYE)-£50,333
Employee NI-£4,861
Take-home pay£87,317

Outside IR35 (limited company)

£94,918/yr

You keep 58% of the contract value

Company revenue£165,000
Director salary-£12,570
Employer NI on salary-£1,136
Corporation tax-£36,343
Dividend tax-£32,603
Income tax + NI on salary-£0
Take-home pay£94,918

Outside IR35 (limited company) leaves you £7,601/year better off at this rate.