Umbrella take-home pay calculator
Find out how much you could earn when you contract through an umbrella company.
We often get asked “What will my net take home pay be?” The answer is that it can depend on a number of factors such as student loan repayments, pensions and tax bracket. BUT it shouldn’t depend on who you ask!
That’s because as your employer, your Umbrella Company is expected to deduct the correct amounts of Tax and National Insurance and that doesn’t vary depending on the Umbrella Company you use. The only variable is the admin fee that the Umbrella Company charges to manage your pay for you.
So if an Umbrella Company is promising you much higher take-home pay then you really should be asking questions as you could get in trouble with HMRC should their calculations prove to be incorrect.
We will always supply you with a personalised take home pay illustration when you sign up with us and will always be completely transparent about how it’s calculated. We’re FCSA regulated and as such are expected to maintain the very highest standards of compliance, so you can rest assured that we’ve got your back. This calculator uses a set of standard assumptions which are detailed along with your results. You can call us any time if you have any questions.
