01253 600 140

Calculate My Take-Home Pay

Our online calculator will give you an indication of what your take-home pay could be after we've made the necessary deductions.

Payment cycle*

Contractor Calculator - The Small Print

THESE CALCULATIONS ARE BASED ON THE FOLLOWING ASSUMPTIONS…

  • Your Tax Code is 1257L Wk1

  • 2026/27 Tax & NIC Rates

  • If you are on a daily rate, standard daily hrs are 7.5hrs per day

  • If you are paid monthly, the contracted income per week is multiplied by 4.3333 wks

  • You are over 21 and under state pension age.

  • Pension Contributions are 3% Employers, and 4% Employees (with the extra 1% being added by the pension company), on all income between pension LEL & UEL (LEL = £125 Wkly, £542 Mthly, UEL = £967 Wkly, £4189 Mthly).

  • This calculation is based on an assumptive margin, which may be higher/lower than your final margin payment post-registration.

  • We reserve the right to amend our margin cost.

  • *This cap is due to the ‘upper earnings threshold’. You can increase pension contributions by making additional, voluntary contributions to your pension scheme.

WORKING THROUGH OUR EMPLOYMENT UMBRELLA SUBJECT TO SDC…

  • Subject to Supervision, Direction or Control on our SDC service
  • No expenses
  • Standard margin of £28 per week/£112 per month

WORKING THROUGH YOUR OWN LIMITED COMPANY…

  • Registered for the Flat Rate VAT Scheme. Rate used 15.5% (Limited Cost Trader) including the first year discount
  • Director annual salary of £12,570 (unless IR35 applies to an assignment)
  • Accountancy fees based on Plan 2
  • Only one director/shareholder in company
  • Personal tax calculated on the assumption that all available profit is extracted and income is consistent throughout the year
  • Travel expenses £100 per week
It's Easy to Register Online.

Simply Select a Service Below to Get Started.

Umbrella

Contractor Accounting

CIS

Business Accountancy

Financial Planning

Unsure Which Service is for You? Give us a Call on 01253 600 140.

Missed the Self-Assessment Deadline?

The Self-Assessment Tax Return Deadline was 31st January. If you’ve missed it, don’t stress, just Get in Touch today and we’ll help you get it sorted.