A £55,000 salary costs an employer £64,150
Employed vs Freelance Calculator
Compare a job offer against freelancing on the same basis. Employer National Insurance and pension add £9,150, which is £384 a day over 167 billable days.
Employed vs Freelance Calculator
A salary costs an employer more than the salary, and buys holiday and sick pay you would have to fund yourself. This is the day rate that actually matches it.
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What is still not in that rate
No statutory sick pay, no redundancy, no paid parental leave. If you want any of those you buy income protection, and that is another cost on the same rate.
No employer covering a quiet month. A permanent job pays the same in August as in October.
It works the other way round too. If you are weighing a permanent offer against freelance work you already have, this is the sum that makes them comparable.
The same comparison, in a workbook
With the list of things a rate has to cover that a salary simply gives you.
Download the workbookFAQs
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We provide bookkeeping, VAT returns, payroll, tax filings, annual accounts, and advisory services — tailored to freelancers, SMEs, and ecommerce businesses.
Yes. Every client works with a named accountant who knows your business inside out. You’ll never deal with call centres — just direct, personal support.
We’re certified partners with Xero and QuickBooks. Our digital-first approach means you’ll always have real-time access to your financial data.
We offer fixed monthly packages with no hidden fees. Pricing depends on your business size and the level of support you need — but you’ll always know exactly what you’re paying for.
Absolutely. We handle VAT, corporation tax, self-assessments, and payroll tax. We also manage HMRC correspondence on your behalf to ensure you never miss a deadline.
No. While many of our clients are London-based, we also support businesses across the UK and ecommerce sellers worldwide through our cloud-based systems.
RESOURCES
Fresh takes on business and accounting.
Trading profit is split on a time basis. Interest, rent, gains, donations and dividends each follow their own rule, and mixing them up misstates both accounting periods.
A long period of account needs two separate capital allowances computations, and since April 2026 they are not even calculated at the same writing down rate.
Company law allows accounts to run for 18 months; corporation tax never allows an accounting period longer than 12. Here is how the split is drawn.
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