Now CUK calculator shows complete bollocks. For same input as before, the output is now:
Employers NI: £9,157.12
Employee PAYE: £0
Employee NI: £0.00
Tax payable: £9,157.12
Umbrella Fee: £1,296
Deductions: £10,453.12
Net monthly income: £5,545.57
Net annual income: £66,546.88
Take home percentage: 86%
Current rate: £350
Monthly Umbrella fee: £1296 (this is for sure typo on the website, this is annual not monthly)
Average hours per week: 37.5
Average weeks per year: 44
Annual allowable expenses: £0
Tax code of 1060L
Employers NI: £9,157.12
Employee PAYE: £0
Employee NI: £0.00
Tax payable: £9,157.12
Umbrella Fee: £1,296
Deductions: £10,453.12
Net monthly income: £5,545.57
Net annual income: £66,546.88
Take home percentage: 86%
Current rate: £350
Monthly Umbrella fee: £1296 (this is for sure typo on the website, this is annual not monthly)
Average hours per week: 37.5
Average weeks per year: 44
Annual allowable expenses: £0
Tax code of 1060L
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