Umbrella Company Calculator 2026/27
Calculate your umbrella company take-home pay and compare with a limited company.
Contract Details
Assignment Rate (Annual)
£115,000
Umbrella Take-Home
£66,790
£5,566/month · 41.9% effective rate
Ltd Co Take-Home (comparison)
£72,418
£6,035/month · 37.0% effective rate
Umbrella Breakdown
Assignment Rate£115,000
Umbrella Margin (£25/week)-£1,150
Employer's NI (15% above £5,000)-£16,328
Apprenticeship Levy (0.5%)-£569
Gross Pay (PAYE)£96,953
Income Tax-£26,213
Employee NI-£3,950
Take-Home Pay£66,790
Switching to a Ltd Company could save you
£5,628 per year
£469/month · Ltd Co is more tax efficient
Ltd Co comparison assumes no business expenses, optimal £12,570 salary, all profits as dividends.
Calculations based on 2026/27 tax rates. Umbrella figures are estimates. Actual take-home may vary.