Your Details

Your Personal Illustration

Working Hours:
Hourly Rate:
Gross Pay:
PAYE:
NIC:
Weekly iBalance Fee:
Take Home Pay:		( % of Gross Income)
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These values are for 1 week(s) and a tax code of 944L and a pension contribution of £0 per week.

Call 08450 543 222 if you would like a personalised illustration with different details or have any questions.

You can reduce the amount of tax due by claiming legitimate business expenses. The most common expenses for contractors is travel, which is often allowable from home to site. For example, travel by car to a client's site would reduce your taxable income by up to 45p per mile. See our expenses page for full details.

The gross amount paid to an umbrella company is greater than the gross salary under agency PAYE. This is because when paying you directly, your agency is responsible for Employers' National Insurance Contributions and 5.6 weeks statutory holiday pay per annum. By invoicing through our umbrella company, all of this cost could be added to your basic rate.

* Fixed term employment through a recruitment agency or other employer would normally result in holiday pay in addition to the Take Home Pay stated above.