Use this free contractor day rate calculator to estimate gross weekly, monthly and annual income from a contractor day rate.
This calculator is for general information only. It does not calculate tax, National Insurance, pension contributions, IR35 status, expenses or other deductions.
Contractor Day Rate Calculator
Estimate gross income from a contractor day rate.
This calculator gives an estimate of gross income only. It does not calculate Income Tax, National Insurance, pension contributions, expenses, holiday pay, sick pay, agency fees, umbrella company fees, VAT, corporation tax, dividends, IR35 status or other deductions. It is for general information only and does not provide financial, tax, legal, employment or contractor advice.
How this calculator works
This calculator multiplies your contractor day rate by the number of days worked per week to estimate weekly gross income.
It then multiplies the weekly amount by the number of weeks worked per year to estimate annual gross income. Monthly gross income is calculated by dividing the annual amount by 12.
The results are gross estimates only. They do not include tax, National Insurance, pension contributions, expenses, holiday pay, sick pay, umbrella company fees, agency fees, VAT, IR35 status or other deductions.
Plan contractor income and compare roles
Use these related tools and job pages to compare income, prepare applications and search flexible or project-based roles.