Umbrella Company Tax Calculator
ContractorUK has provided you with an umbrella tax calculator in order for you to calculate your income when contracting through an umbrella company. An umbrella company provides a ready-made invoicing vehicle for contractors as well as removing the administrative duties associated with contracting via a limited company. The umbrella company normally issues invoices on behalf of the contractor, collects payments from clients, calculates NI and tax, and pays the contractor their net pay direct to their personal bank account. For more information and advice on contracting through an umbrella company please click here.
Results:
Total Income | |
Income Tax | |
Employees National Insurance | |
Employers National Insurance | |
Total National Insurance | |
Corporation Tax | |
Total Tax | |
Average Tax | |
Net Income After Tax |
Sponsored by Intouch Accounting, ContractorUK’s Calculator Partner.
If you need an accountant or are thinking of switching accountants please complete the enquiry form below.
Your enquiry will be sent to ContractorUK’s Calculator Partner Intouch Accounting who will contact you to discuss your accounting needs. For more information on how this data will be used, you can read Intouch Accounting's Privacy Policy.