How on earth do you calculate take home pay when inside IR35?

[BR14]

Ffs people

Just take gross pay * by 0.63 / 12 to give you near enough figures


Sent from my iPhone using Contractor UK Forum

i use 0.62, but hey, - THIS !

[JohntheBike]

Consultancy chap I was talking to last week says he uses a benchmark of 230 billable days when working out what to charge his clients. Another handy comparative starting point if hours aren't suitable.

230 x 7.5 is 1725. I worked 0900 to 1700 with 30 mins. for lunch when a permie.

[WTFH]

230 x 7.5 is 1725. I worked 0900 to 1700 with 30 mins. for lunch when a permie.

Did you subsequently income split that with your wife?

[JohntheBike]

Did you subsequently income split that with your wife?

no, she and the kids took it all.

[WTFH]

no, she and the kids took it all.

You bred?