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Contractor Umbrella Calculator - Results

  • You could take home at least £1,835 each month using an umbrella.
  • This is the amount you will have left after your incurred expenses of £591  per month have been reimbursed.
  • This is at least 79% of your gross income.
  • For each £100 you contribute to a pension, your net pay reduces £59, the tax man pays the rest!
  • You can contribute up to £1,147 per month into a pension.

Solutions for Contractors:

Closing your company?

Do you have retained cash? Use an MVL to pay only 10% tax. Find out how.

MPU