£50 an hour take-home pay, 2026/27

£50 an hour is £400 for an 8-hour day, or £92,000 over 1,840 hours a year. That leaves about £5,114 a month outside IR35 and £4,761 a month inside IR35.

Adjust for my hours

What £50 an hour comes to

Inside IR35 (umbrella)Outside IR35 (Ltd company)
Take-home per year£57,133£61,368
Per month£4,761£5,114
Per week£1,099£1,180
Per hour worked£31.05£33.35
Share of gross kept62.1%66.7%

Assumes 8 hours a day, 5 days a week for 46 weeks, no pension, umbrella margin not deducted, and for the Ltd company a £12,570 salary plus dividends with £2,000 of expenses. For the full tax breakdown see £400 a day take-home pay.

Your details

£
£
£
AssumptionsOutside IR35: Optimal Ltd Co structure, salary set to personal allowance (£12,570). All remaining profit taken as dividends.
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Outside IR35 saves you £4,234/yearThat's £353 more per month in your pocket
Inside IR35 (umbrella)
£57,133
£4,761 per month
Tax burden: 37.9%
Gross income£92,000
Employer NI & levy−£11,697
Income tax−£19,553
Employee NI−£3,617
Take home£57,133
Outside IR35 (Ltd Co)· keeps more
£61,368
£5,114 per month
Tax burden: 33.3%
Gross revenue£92,000
Employer NI−£1,136
Expenses−£2,000
Corporation tax−£15,098
Dividend tax−£12,399
Take home£61,368
Annual gross
£92,000
Daily rate
£400
Working days/yr
230
IR35 contract reviewOutside IR35 is worth £4,234 more a year. Would your contract hold up if HMRC checked?Know your status before you sign. A professional review typically costs £99–£150 and gives you a defensible position with HMRC.Review my contract →
Estimates only. Inside IR35 assumes an umbrella company deducts employer NI and the apprenticeship levy, before its own margin. Outside assumes a £12,570 Ltd Co salary. Individual circumstances vary — consult a contractor accountant for personalised advice.

Other hourly rates