Can anybody recommend a decent umbrella calculator?

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GhostofTarbera replied

18 February 2021, 21:23
It’s 53% of the gross rate you get in your pocket

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MrButton replied

18 February 2021, 19:44
Imo just ask some umbrellas for a detailed breakdown and say your interested in using them.

Contractor umbrella did this for me and has been pretty spot on including how different pension contributions affect take home.
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eek replied

18 February 2021, 14:42
Originally posted by vwdan View Post

Hey guys, I've got some offers on the table and some soul searching to do. I've never worked through a brolly, and actually what I'm trying to do is compare a 'Worst case' inside IR35 contract at my average rate vs a permie role.

I'm finding the calculators I'm finding online a smidge iffy, and some are talking about expenses and mileage! I just want, in simple terms, if I work an [x] rate contract for [y] days per year, what I'd take home.

clarity's isn't bad - as it uses a weekly / monthly figure rather than a daily rate.

Just work out the days you would work per year / divided by 12 and use that to work out the monthly figure.
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vwdan started a topic Can anybody recommend a decent umbrella calculator?

18 February 2021, 11:45
Can anybody recommend a decent umbrella calculator?

Hey guys, I've got some offers on the table and some soul searching to do. I've never worked through a brolly, and actually what I'm trying to do is compare a 'Worst case' inside IR35 contract at my average rate vs a permie role.

I'm finding the calculators I'm finding online a smidge iffy, and some are talking about expenses and mileage! I just want, in simple terms, if I work an [x] rate contract for [y] days per year, what I'd take home.
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