Net income percentages

[Diestl]

Is there rough % for take home pay from gross i.e. 60% inside IR35 and 80% outside, I realise there are many variables but just a rough % would help.

Thanks

[MarillionFan]

117.50% is the most you can get.

[Diestl]

So charge VAT but don't pay taxes? ill give it a try can't do any harm, what's the worst that could happen?

Any tips for prison life BTW, apart from take a cork?

[malvolio]

It's not linear, is it?

Inside IR35 it's near enough 95% of your gross less 22% up to £37k and less 40% thereafter.
Outside IR35 it's not legally going to be better than 83% (according to SJD's magic plan, for one) and drops to worse than IR35 if you do something stupid - so assume an average 70%

[ASB]

It's not linear, is it?

Inside IR35 it's near enough 95% of your gross less 22% up to £37k and less 40% thereafter.
Outside IR35 it's not legally going to be better than 83% (according to SJD's magic plan, for one) and drops to worse than IR35 if you do something stupid - so assume an average 70%

Surely you forgot NI??

to 5k deductions are nil
next 2k deductions are approx 12.8%+11%+20% =46.8%
next 31k approx 12.8%+1%+22%=35.8%
rest 12.8%+1%+40%=53.8%

Yes I know its not exact due to allowances and the fact that the 95% = salary *1.128 but I can be bothered to be exact.