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IR35 Calculator — Inside vs Outside

Compare your annual take-home as a limited company contractor working outside IR35 versus being deemed inside IR35 (PAYE).

Short answer

Outside IR35: you can pay yourself a low salary plus dividends, typically keeping ~75–80% of contract income. Inside IR35: PAYE applies to deemed payments, dropping take-home to ~55–65% depending on rate.
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Your contract

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How it works

IR35 (off-payroll working) decides whether a contractor working through their own limited company is genuinely in business or a "disguised employee". Outside IR35: you control your tax setup. Inside: the fee-payer must deduct PAYE Income Tax and NI before paying your company, eliminating most tax efficiency.

Worked example

£500/day × 220 days = £110,000.

  • Outside IR35: ~£82,000 take home (74%)
  • Inside IR35: ~£68,000 take home (62%)
  • ~£14,000 difference per year

Who should use this

  • Limited company contractors (PSCs)
  • Anyone offered an inside-IR35 contract
  • Recruiters comparing contract structures
  • Contractors negotiating rate uplifts

Common mistakes

  • ×Assuming a CEST 'outside' result is bulletproof (it's not legally binding)
  • ×Forgetting umbrella companies pass on Employer NI to the contractor
  • ×Ignoring expenses being disallowed inside IR35
  • ×Continuing 'outside' working arrangements after being deemed 'inside'

Frequently asked questions

Who decides IR35 status?

Since April 2021, the end client decides for medium/large private sector and all public sector. Small companies still leave it to the contractor's PSC.

What is CEST?

HMRC's Check Employment Status for Tax tool. It's not always conclusive and is widely criticised, but using it shows reasonable care.

Can I claim expenses inside IR35?

Generally no — the 5% expenses allowance was scrapped in 2017 for public sector and 2021 for private. Limited claims for genuine subsistence/travel only.

What's the difference between inside IR35 and umbrella?

Inside IR35 = your PSC receives net pay after PAYE. Umbrella = you become an employee of the umbrella, who deducts PAYE (and usually employer NI from your rate).

Can HMRC investigate retrospectively?

Yes — typically up to 4 years (6 if careless, 20 if deliberate). Status determinations can be challenged years later.

What rate uplift compensates for inside IR35?

Typically 20–25% on day rate to maintain similar take-home, depending on level.

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