Predict your future salary — or compare a contract
Two calculators in one: project what your salary looks like in 1–10 years with real raises and inflation, or compare a contractor day rate against a permanent salary on take-home pay.
Year-by-year projection
| Year | Gross | Net take-home | Real (today's money) |
|---|---|---|---|
| 1 | £46,575 | £37,054 | £36,150 |
| 2 | £48,205 | £38,227 | £36,385 |
| 3 | £49,892 | £39,442 | £36,626 |
| 4 | £51,639 | £40,781 | £36,946 |
| 5 | £53,446 | £42,191 | £37,291 |
How this works
Salary projections compound your current gross by the annual raise you enter, then run each year through mySal's 2026/27 tax engine to show real take-home. Optional promotion bumps stack on top of the raise in the year you choose. Real (inflation-adjusted) pay divides each year by the compound inflation factor so you can compare against today.
Contract vs permanent works the day rate up to an annual gross, subtracts business expenses, then taxes what remains at your normal employee marginal rate. It doesn't model UK IR35 or limited-company dividend routes — treat it as a fair PAYE-comparable ballpark for scoping offers.
Estimates based on 2026/27 rates. mySal is an educational tool, not tax or financial advice.