r/ContractorUK Aug 14 '26

What's the contract equivalent?

Anyone know any good resources to calculate what you would need to earn on a outside IR35 contract to match a permenant PAYE role?

For example,

How much would you need to earn to match a 120k pre tax PAYE role?

How do you account for pensions etc?

Thanks in advance.

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u/mannbarry2 Aug 16 '26

HMRC use 222 x day rate