Take Home Pay Calculators
About the calculators
These calculators have been developed as guides to help you compare and contrast different ways of working under the Off-Payroll Working rules, currently governing the Public Sector and set to be introduced into the Private Sector in April 2021 (see IR35 Explained for more information).
Please note: If you are working as an umbrella employee, arrangements relating to salary and expenses cannot be amended before or during the course of an assignment once the contract is agreed.
For a precise calculation, taking into account all sources of income, we recommend speaking to your personal tax adviser.
The amount provided is an estimate using the following assumptions:
- Tax code 1250L
- No other income in the year
- No expenses of employment
- No pension contributions
- No auto-enrolment contribution (8% of gross taxable income) included in payroll umbrella calculation
- Annual payroll umbrella margin of £1,440
- Annual accounting fees of £1,500
- Annual PI costs of £400 included in limited company calculation (this is free to payroll umbrella employees)
The amount provided is an estimate using the following assumptions:
- Tax code 1250L
- No other income in the year
- No expenses of employment
- No pension contributions
- Annual accounting fees of £1,500
- Annual PI costs of £400
The amount provided is an estimate using the following assumptions:
- Tax code 1250L
- No other income in the year
- No auto-enrolment contribution (8% of gross taxable income) included in payroll umbrella calculation
- Annual Competex Pro margin of £1,440
- Annual generalist umbrella margin of £1,200
- Annual accounting fees of £1,500
- Annual PI costs of £400 included in limited company calculation (this is free to payroll umbrella employees)
- Tax rebate on pension contributions paid from personal taxed income
