Ever wondered what permanent salary you’d need to maintain the same take‑home pay you enjoy as a contractor? Our Contracting to Permanent Salary Calculator does the heavy lifting for you, translating your current contractor earnings into the equivalent employee salary, instantly and accurately.
Most contractors charge higher day or hourly rates to cover their own tax, National Insurance, pension contributions and paid‑leave entitlements. When you move to a permanent role, your employer assumes those costs, which is why gross salaries often look lower than contractor rates. This calculator bridges that gap by factoring in your chosen rate, billing frequency and IR35 status to reveal the net monthly income and annual salary you should aim for.
Simply enter your current day‑rate or hourly rate, select whether your contract sits inside or outside IR35, and click “Calculate.”
Contracting → Permanent Salary Calculator
What annual salary matches your contracting take‑home?
Equivalent Permanent Salary
Net Monthly Take‑Home (£): | |
Required Annual Salary (£): |
Note: This calculator provides estimates based on standard UK tax rules and does not include bonuses, additional benefits or individual circumstances. For a fully tailored assessment, please consult a qualified tax or financial advisor.