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Calculate your take-home pay as an interim executive in the UK. Compare inside IR35 (umbrella company) vs outside IR35 (limited company) scenarios.
Enter your day rate to see how much you'll take home after tax, National Insurance, and umbrella company fees.
See how IR35 status affects your earnings as a interim executive
Umbrella company or deemed employment - taxed like an employee
Limited company - optimal salary + dividends structure
Important: This calculator provides rough estimates for illustration only. IR35 status is determined by the nature of your working arrangement, not by choice. Always consult with a qualified tax accountant or IR35 specialist before making financial decisions.
Tax rates based on 2024/25 UK tax year. Outside IR35 assumes optimal limited company structure. For official guidance, see gov.uk/IR35 or use HMRC's CEST tool.
Disclaimer: This calculator provides estimates for guidance only. Actual take-home pay depends on your specific circumstances, umbrella company fees, pension contributions, and other factors. Always consult a qualified tax advisor for personalised advice.
You're treated as an employee for tax purposes:
Typical for:
Interim CEO, CFO, CTO, CMO roles requiring full-time presence and leadership responsibility
You operate as a genuine business:
Requires:
Multiple clients, project-based work, ability to send substitutes, own equipment, business risk
The nature of interim executive positions typically indicates employment for tax purposes:
How interim day rates compare to permanent salaries after IR35 tax and fees
| Day Rate | Annual Gross | Take Home (Inside IR35) | Equivalent Perm Salary |
|---|---|---|---|
| £800/day | £173,600 | £95,000 | £80,000 |
| £1,000/day | £217,000 | £118,000 | £100,000 |
| £1,200/day | £260,400 | £140,000 | £120,000 |
| £1,500/day | £325,500 | £174,000 | £150,000 |
| £1,800/day | £390,600 | £207,000 | £180,000 |
| £2,000/day | £434,000 | £229,000 | £200,000 |
| £2,500/day | £542,500 | £284,000 | £250,000 |
Assumptions: 217 working days/year, inside IR35 via umbrella company, includes employer NI and umbrella fees. Equivalent permanent salary includes 25 days holiday, pension contributions (5% employer), and typical benefits package worth £15,000/year.
Remember: If it sounds too good to be true, it probably is. HMRC actively pursues tax avoidance schemes, and you could face significant back-taxes and penalties.
Common questions about IR35 and interim executive taxation
Now you understand the tax implications, explore current interim executive opportunities or get matched with roles that fit your expertise.