If IR35 applies to your contract income then this will significantly reduce your take home pay from your contract.

A decision will need to be made at an early stage as to whether IR35 applies or not and for further advice on this subject please refer to the IR35 section of the website.

If you are unsure about your IR35 status we would recommend you proceed using the calculator on both basis and this will quantify for you the financial effect of IR35. This will prove the importance of trying to ensure your contract income is outwith the IR35 rules and to assist you with this we would recommend you read the GRANTS/Lawspeed IR35 report which amongst other things lets you know how to take advantage of our IR35 Status Review Service.

Back to Guidance Notes
Back to Calculator