Target Income Permanent Calculator

Calculate what salary you need to earn your target monthly net income

Employees can use this calculator to find out how much their employment income needs to rise to earn their desired net monthly income.

For employees considering switching over to contracting, this calculator also specifies the hourly and daily rates required to earn the same amount, for contracts both inside and outside of IR35.

Taking into account your target monthly income, current annual salary and tax code, this calculator will work out by how much your annual salary will need to increase, in both cash and percentage terms.

Please enter your details to find out:

Desired monthly net income:	£
Current gross annual salary:	£
Personal tax code:
		(Single person code 1257L - Budget 2024)
Tax year:		Fiscal Year 2000/2001 Fiscal Year 2001/2002 Fiscal Year 2002/2003 Fiscal Year 2003/2004 Fiscal Year 2004/2005 Fiscal Year 2005/2006 Fiscal Year 2006/2007 Fiscal Year 2007/2008 Fiscal Year 2008/2009 Fiscal Year 2009/2010 Fiscal Year 2010/2011 Fiscal Year 2011/2012 Fiscal Year 2012/2013 Fiscal Year 2013/2014 Fiscal Year 2014/2015 Fiscal Year 2015/2016 Fiscal Year 2016/2017 Fiscal Year 2017/2018 Fiscal Year 2018/2019 Fiscal Year 2019/2020 Fiscal Year 2020/2021 Fiscal Year 2021/2022 Fiscal Year 2022/2023 Fiscal Year 2023/2024 Fiscal Year 2024/2025 Fiscal Year 2025/2026
		CALCULATE

Solutions for Contractors: