CONTRACTOR · 2026/27
Contractor take-home comparison
Compare an umbrella-style assignment with a simplified limited-company extraction — without treating company profit as personal take-home.
Annual contract income
£110,000
- Umbrella-style take-home
- £65,809
- Limited-company extraction
- £67,696
- Corporation Tax
- £20,443
- Dividend Tax
- £15,726
- Illustrative difference
- £1,887
Read before relying on the result
This is an illustration, not an IR35 status assessment or accounting advice. It assumes one director/shareholder, no associated companies, no Employment Allowance, a £12,570 director salary and all distributable profit paid as dividends. Pension, VAT, student loans and retained profit are excluded.