Rate Increase Calculator

ContractorUK has provided you with a rate increase calculator in order for you to calculate the rate rise required for you to meet your target monthly income. Negotiating a contract rate increase can be complex however for whatever reason you feel it is justified then you should make sure that you are prepared for your conversion. For hints and tips on how to negotiate a rate rise please click here

Results:

  Umbrella Limited in IR35 Limited
Total Income
Income Tax
Employees National Insurance
Employers National Insurance
Total National Insurance
Corporation Tax
Total Tax
Average Tax
Net Income After Tax
Est. Improvement Over Umbrella  
Contract Day Rate
Monthly Net Income After Tax

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