Contractor Tax Calculator Ireland

Plan Your Take Home Pay With Our Contractor Tax Calculator

Contracting can be financially rewarding, but it is not always easy to understand how much of your daily rate you will actually take home after tax, expenses and pension contributions.

Our Contractor Tax Calculator gives you a clear estimate of your monthly and annual net income based on your day rate, number of days worked, business expenses and any pension or accounting costs. It is designed for contractors, freelancers and consultants working in Ireland, whether you operate as a sole trader or through a limited company.

If you are new to contracting, you can also use our Contractor Hub for guidance on structures, tax and setup.

Calculate Your Take Home Pay
Status and Daily Rate
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Business Expenses
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Pension and Accounting
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Current Employee Salary
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Estimated earnings as a Professional Contractor versus your current salary
  • Gross Monthly Income
  • Business Expenses Claimed
  • Executive Pension Contribution
  • Gross Annual Income
  • Net Payment to Contractor
  • Income Retention %
Contractor Income
  • Gross Monthly Income
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  • Business Expenses Claimed
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  • Executive Pension Contribution
     0
  • Gross Annual Income
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  • Net Payment to Contractor
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  • Income Retention %
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Current Salary
  • Gross Monthly Income
     0.00
  • Business Expenses Claimed
     0
  • Executive Pension Contribution
     0
  • Gross Annual Income
     0
  • Net Payment to Contractor
     0.00
  • Income Retention %
     0.00

What This Contractor Tax Calculator Does

The calculator helps you understand:

  • Your estimated gross income based on daily rate and days worked
  • Your likely take home pay after income tax, USC and PRSI
  • How allowable business expenses reduce your taxable income
  • The impact of pension contributions on your overall position
  • The difference in net income between sole trader and limited company structures
  • How accountancy fees affect your final take home figure

Who This Calculator Is For

This tool is suitable for:

  • Contractors and consultants working in Ireland
  • IT contractors and project based specialists
  • Freelancers and independent professionals
  • Sole traders considering a move to a limited company
  • New contractors assessing whether an offer covers their costs

If you need a personalised review of your overall tax position, our Personal Tax Returns service can provide tailored advice.

Important Information And Next Steps

The Contractor Tax Calculator provides an estimate only. Your actual tax liabilities may differ depending on your full income, tax credits, reliefs, dependants, pension arrangements and other personal circumstances.

If your situation is more complex, or you are deciding between sole trader and limited company, we recommend booking a consultation so we can review your position in detail. You can contact us directly through our Contact page .

Shelbourne Accountants also support contractors with ongoing bookkeeping, payroll, VAT returns, annual accounts and Revenue queries. More information is available in our Contractor Hub.

Frequently Asked Questions

The calculator uses standard Irish tax assumptions to provide an estimate of your take home pay based on the information you enter. It is intended as a guide only. Your final tax position may differ depending on your full income, personal tax credits and any additional reliefs or allowances.

You can use the results to compare different scenarios, but the calculator should not be the only factor in your decision. Structural choices can affect pension planning, limited liability, cash flow and long term tax planning. Our Company Formation team can help you review the best option for your circumstances.

The calculator is designed to factor in income tax, USC and PRSI and, where relevant, corporation tax. However, specific rules may apply to your sector or contract. For example, you may have additional benefits, other income or once off gains that are not captured in a simple calculator.

Ideally you should know your proposed daily rate, how many days per month you expect to work, an estimate of monthly business expenses, and any pension or accountancy costs. This will give you a realistic estimate of your potential net income.

Get in Touch Today

If you would like a custom quote, or if you have any questions, send us a message! Our team is always happy to help. We will address any contracting queries you have and provide you with the best advice to suit your current situation!

Get in touch today
Terry Abbott - Founder and CEO