Yes, that's about right from my position of working as a contractor in London. A fair amount of that is then paid out by the contractor's company in annual cor

Yes, that's about right from my position of working as a contractor in London. A fair amount of that is then paid out by the contractor's company in annual corporation tax and a little more in PAYE/NI. As a contractor, you'd be looking to keep about 70% to 80% of what you invoice depending on how much you take in salary vs dividends.