2026 / 27 Tax Year

IR35 Take-Home Calculator
for Electrical Engineers

Electrical engineering contractors work across power, utilities, construction, and industrial sectors. Defined project deliverables and genuine technical independence are often key to supporting outside IR35 status. Calculate your net pay for any day rate here.

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Best option
Ltd Company
Outside IR35
Limited Company
£0
£0/day effective
Contract income£0
Corp tax-£0
Dividend tax-£0
Income tax-£0
Empl. NI-£0
Net take-home£0
Effective rate0%
Inside IR35
Umbrella Company
£0
£0/day effective
Contract income£0
Employer NI (15%)-£0
Income tax-£0
Employee NI-£0
Net take-home£0
Effective rate0%

A specialist electrical engineer accountant typically saves far more than they cost. Compare contractor accountants and IR35 insurance.

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2026/27 rates. Personal allowance £12,570. Basic rate 20% to £50,270, higher rate 40% to £125,140. Employee NI 8%/2%. Employer NI 15% above £5,000. Corp tax 19%/25% with marginal relief. Dividend allowance £500, dividend rates 8.75%/33.75%/39.35%. Estimates only — not tax advice. Consult a qualified contractor accountant.