£70 an hour take-home pay, 2026/27

£70 an hour is £560 for an 8-hour day, or £128,800 over 1,840 hours a year. That leaves about £6,628 a month outside IR35 and £6,200 a month inside IR35.

Adjust for my hours

What £70 an hour comes to

Inside IR35 (umbrella)Outside IR35 (Ltd company)
Take-home per year£74,396£79,531
Per month£6,200£6,628
Per week£1,431£1,529
Per hour worked£40.43£43.22
Share of gross kept57.8%61.7%

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.

Your details

£
£
£
AssumptionsOutside IR35: Optimal Ltd Co structure, salary set to personal allowance (£12,570). All remaining profit taken as dividends.
↑
Outside IR35 saves you £5,134/yearThat's £428 more per month in your pocket
Inside IR35 (umbrella)
£74,396
£6,200 per month
Tax burden: 42.2%
Gross income£128,800
Employer NI & levy−£16,635
Income tax−£33,514
Employee NI−£4,254
Take home£74,396
Outside IR35 (Ltd Co)· keeps more
£79,531
£6,628 per month
Tax burden: 38.3%
Gross revenue£128,800
Employer NI−£1,136
Expenses−£2,000
Corporation tax−£23,629
Dividend tax−£22,505
Take home£79,531
Annual gross
£128,800
Daily rate
£560
Working days/yr
230
IR35 contract reviewOutside IR35 is worth £5,134 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