£800 a day take-home pay
A £800/day contract is worth about £176,000 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 | £800 |
| Billable days assumed | 220 |
| Gross annual contract value | £176,000 |
| Take-home — inside IR35 (umbrella) | £92,365 |
| Take-home — outside IR35 (limited) | £99,822 |
| Difference | £7,457 |
At £800/day, Outside IR35 (limited company) leaves you £7,457/year better off.
Adjust the numbers
Change days worked, salary, expenses or umbrella margin to match your situation.
Inside IR35 (umbrella)
£92,365/yr
You keep 52% of the contract value
Assignment rate£176,000
Umbrella margin-£1,150
Employer NI-£22,055
Apprenticeship levy-£760
Income tax (PAYE)-£54,619
Employee NI-£5,051
Take-home pay£92,365
Outside IR35 (limited company)
£99,822/yr
You keep 57% of the contract value
Company revenue£176,000
Director salary-£12,570
Employer NI on salary-£1,136
Corporation tax-£39,258
Dividend tax-£35,785
Income tax + NI on salary-£0
Take-home pay£99,822
Outside IR35 (limited company) leaves you £7,457/year better off at this rate.