£875 a day: take-home inside and outside IR35 (2026/27)
Where the money goes at £875 a day
| 220 days | Inside | Outside |
|---|---|---|
| Contract income | £192,500 | £192,500 |
| Umbrella margin | £1,300 | £0 |
| Employer NI and levy | £25,010 | £1,136 |
| Corporation tax | £0 | £43,631 |
| Income Tax and employee NI | £66,323 | £2,514 |
| Dividend tax | £0 | £42,798 |
| Take-home | £99,867 | £102,422 |
| Per month | £8,322 | £8,535 |
| Share of income | 52% | 53% |
Inside IR35 the umbrella pays 15% employer NI above £5,000 and the 0.5% apprenticeship levy from the assignment rate, then runs PAYE on gross pay of £166,190. Outside IR35 the company pays you a £12,570 salary and the rest as dividends after corporation tax. In Scotland the figures are £93,450 inside and £102,461 outside.
By days worked
| Days a year | Inside | Outside |
|---|---|---|
| 180 | £83,807 | £87,411 |
| 200 | £91,837 | £94,621 |
| 220 | £99,867 | £102,422 |
| 230 | £103,883 | £106,322 |
Assumptions: umbrella margin of £25 a week, no business expenses, no pension contributions, no student loan and no other income. Change any of them in the IR35 calculator.
Other day rates
Frequently asked questions
How much do I take home on £875 a day inside IR35?
About £99,867 a year, or £8,322 a month, for 220 days through an umbrella company in England.
And outside IR35?
About £102,422 a year through your own limited company with a £12,570 salary and dividends, before accountancy and other company costs.
Who decides whether I am inside IR35?
A medium or large client decides and should give you a status determination statement. For a small private client, your own company decides.
Calculated with 2026/27 rates: employer NI 15% above £5,000, apprenticeship levy 0.5%, Income Tax and NI bands, corporation tax 19% to 25% with marginal relief, dividend tax 10.75% and 35.75%. Updated 2026-11-04. General information, not tax advice.