Employers NI + Pension - Paye vs Umbrella

[eek]

So what is the question here?

I suspect the question is please create a model I can use to work out how I maximise my income as I drip feed 15 variables into your model everytime you finish it.

Personally given all the extra risk continuing to use an umbrella might add (agency report) I know what approach I would take but the OP can do whatever they want.

[relax24]

It was more because I was confused at the 11% uplift not matching up to the regular day rate through agency. But then it's very possible my calculations are wrong.

[lucyclarityumbrella]

£475 PAYE - nets £1,451.34 per week
£527.85 Umbrella PAYE - nets you £1,502.37, so an extra £51.03

Assuming standard tax codes, no pension etc. HTHs

[relax24]

£475 PAYE - nets £1,451.34 per week
£527.85 Umbrella PAYE - nets you £1,502.37, so an extra £51.03

Assuming standard tax codes, no pension etc. HTHs

Much appreciated lucy!

[eek]

£475 PAYE - nets £1,451.34 per week
£527.85 Umbrella PAYE - nets you £1,502.37, so an extra £51.03

Assuming standard tax codes, no pension etc. HTHs

How does that break down.

I can't see how an 11% uplift covers 13.4% Employers NI, .5% apprenticeship levy and 3% company pension contribution. After all the days worked at the same...