Agency Calculator


Please use the calculator below to calculate the take-home pay for your contractor. Simply move the slider from left to right to change the hourly rate of your contractor. This will then determine the amounts they can take-home either working under a Limited Company or as part of an Umbrella Solution.


Calculate your contractor's take home pay

They earn
per

An hourly rate of £15 or £120 per day is the minimum requirement.

Please contact our new business team on 01925 694521 or arrange a callback to discuss your contractor's options.

Limited Company

Per week
Per month
Join Limited

Umbrella Solution

Per week
Per month
Join Umbrella

The calculations are for illustration purposes only and are based on a series of assumptions.

Assumptions

The calculations are based upon the following criteria:

General

  • Working 40 hours per week over 52 weeks
  • Claiming £265 expenses per week
  • Claiming 200 business miles per week
  • There is no additional income from other sources

Umbrella

  • No Supervision, Direction or Control (SDC) on any assignment during the tax year
  • 1001L tax code
  • You receive a tax refund from HMRC after the tax year end (5 April) on any expenses incurred but not reimbursed during the year. The refundable tax amount is included in the weekly or monthly amount
  • Includes the Brookson Umbrella Solution margin

Limited

  • HMRC Flat Rate VAT Scheme at 13.5%
  • Assignments are not subject to IR35
  • Director's fee of £156 per week
  • Includes the Brookson Limited Company accountancy fee

Download one of our useful guides:

Choosing Your Working Options

This guide is ideal for anyone considering the various self-employment working options, from running a limited company, working as a sole trader or working through an umbrella company.


A Guide to IR35

As a contractor your IR35 status determines your tax position with HMRC. This guide will explain what IR35 is, outlining the rules and legislation and how it will affect you.



Setting up a Limited Company

This guide is ideal for anyone looking to set up a limited company, and who wants to quickly cut through the jargon and understand what they need to know.


Working Through an Umbrella Company

This guide is ideal for anyone considering working through an umbrella company. It provides a jargon free overview of the Brookson Umbrella service, along with the key benefits.


To speak to a member of our agency team, call 01925 694 521 or fill in the form below