£1350 Per Day: Take-Home Pay Breakdown (2026/27)

Q: How much do I take home on £1350 per day as a limited company?

At £1350 per day (£297,000 pa, 220 days), a limited company director outside IR35 takes home approximately £169,322 in 2026/27 — an effective tax rate of 43.0%. This assumes a £12,570 salary with remaining profits paid as dividends.

Q: What is the difference between PAYE and a limited company at £1350 per day?

On £1350 per day, PAYE takes home £168,568 versus £154,965 for a limited company (outside IR35) — a difference of £13,603 per year. At this income level, the combined burden of Corporation Tax and dividend tax exceeds PAYE income tax and NI, making PAYE more efficient. The April 2026 dividend tax increase contributed to this crossover.

Contracting at £1350 per day generates £297,000 per year (220 days). Here's how much you take home in 2026/27 under each working arrangement.

Structure	Gross	Income Tax	NI	Corp Tax	Take-Home	Eff. Rate
Limited Company Outside IR35	£297,000	£70,076	£0	£70,824	£154,965	47.4%
PAYE Employee / Umbrella	£297,000	£120,482	£7,951	—	£168,568	43.2%
Limited Company Inside IR35	£297,000	£97,532	£6,931	—	£141,538	47.3%
Sole Trader Most efficient	£297,000	£120,482	£7,197	—	£169,322	43.0%

Based on 220 working days (£297,000 annual gross). Ltd company uses £12,570 salary. 2026/27 HMRC rates. Rest-of-UK (non-Scottish) taxpayer. No pension contributions.

Want to adjust the numbers?

Change working days, add pension contributions, or toggle Scotland rates.

Open interactive calculator →

Who earns £1350 per day?

Is £1350 per day a good rate?

£1,350 a day is a rate seen only at the very top of the contract market — interim C-suite leaders and recognised specialists engaged for critical, time-sensitive work. Such contracts are negotiated privately and reflect a unique combination of expertise, reputation, and availability at short notice.

Worked example

A critical-programme director on £1,350 a day generates around £297,000 over a full year. With all marginal income taxed at the highest rate, the table below shows why, at this level, structure choice and pension planning are best modelled precisely — which the interactive calculator is built to do.

Over 220 working days, £1350 per day comes to £297,000 in gross fees. As a limited company outside IR35 that leaves roughly £154,965 in your pocket after Corporation Tax, dividend tax and National Insurance — an effective tax rate of around 47.4%. The same fees taken through an umbrella under PAYE would return about £168,568, while inside IR35 the figure falls to approximately £141,538. Your own result depends on your IR35 status, pension contributions and how many days you actually bill.

Limited Company (Outside IR35) — Detailed Breakdown

Annual fees (gross)

£297,000

£1350/day × 220 days

Salary drawn

£12,570

At personal allowance

Dividends

£212,471

After corporation tax

Corporation tax

£70,824

On £283,295 profit

Dividend tax

£70,076

Personal tax on dividends

Take-home pay

£154,965

Per year after all taxes

Frequently Asked Questions

How much do I take home on £1350 per day as a limited company?

At £1350 per day (£297,000 annual gross over 220 working days), a limited company director outside IR35 takes home approximately £169,322 in 2026/27. This assumes a £12,570 salary with remaining profits extracted as dividends, giving an effective tax rate of around 43.0%.

What is the difference between PAYE and a limited company at £1350 per day?

On £1350/day, PAYE takes home £168,568 versus £154,965 for a limited company (outside IR35) — a difference of £13,603 per year. At this income level, the combined burden of Corporation Tax and dividend tax exceeds PAYE income tax and NI, making PAYE the more tax-efficient structure. The April 2026 dividend tax increase contributed to this crossover.

Does IR35 affect my take-home pay at £1350 per day?

Yes, significantly. Inside IR35 at £1350/day, you take home approximately £141,538 — around £13,427 less than outside IR35. Inside IR35, your income is treated as deemed employment: employer NI is deducted first, then you pay income tax and employee NI on the remainder, with only a 5% flat expense allowance.

How many working days are used in this calculation?

This breakdown uses 220 working days per year, which is a common assumption for UK contractors (approximately 260 weekdays minus bank holidays and leave). Your actual earnings will vary based on how many days you work. You can adjust the figure using the interactive calculator.

Who typically charges £1350 per day?

£1350 a day is typically commanded by elite interim leadership and top specialist authorities, such as interim C-suite leader, elite specialist consultant, principal regulatory adviser and critical-programme director. It is most common in executive leadership, capital markets, national infrastructure and AI and emerging technology. £1,350 a day is a rate seen only at the very top of the contract market — interim C-suite leaders and recognised specialists engaged for critical, time-sensitive work. Such contracts are negotiated privately and reflect a unique combination of expertise, reputation, and availability at short notice.