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- Your details: £25.00 per hour, 44 weeks per year, 37.5 hours per week
|
Limited company
(Outside IR35) |
Umbrella
Company |
Difference | |
|---|---|---|---|
| Revenue | £3,437 | ||
| Total Taxes (per month) |
£449 (13% of revenue) |
£584 (16% of revenue) |
£134 |
| Net income (per month) |
£2,083 (60% of revenue) |
£1,867 (54% of revenue) |
£-217 |
|
Notes
These calculations are based on £866 expenses incurred per month. It is assumed for the limited company option that no contracts are caught within the IR35 legislation. |
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