Umbrella Pay Calculator
See your weekly or monthly take-home through an umbrella.
Umbrella pay isn’t your contract rate. Before income tax and employee NI, the umbrella deducts Employer’s NI, the apprenticeship levy and its own margin. This calculator shows the actual number that lands in your bank.
Quick reference
What umbrella pay looks like in 2026/27.
Your assignment rate funds both employee and employer costs, in that order.
-
Personal allowance
£12,570
Tax-free on the first £12,570 of pay each year.
-
Basic rate tax
20%
Applies on pay between £12,570 and £50,270.
-
Higher rate tax
40%
Applies on pay between £50,270 and £125,140.
-
Employee NI
8% / 2%
8% main rate; 2% above the upper earnings limit.
-
Employer’s NI
15%
Deducted from your assignment rate before you’re paid.
-
Holiday pay
12.07%
Either paid each period or rolled up — always ask how yours is handled.
Figures are for the UK 2026/27 tax year. Individual circumstances will vary — talk to us for a tailored view.
Calculation result
Weekly net pay
£—
Umbrella side — before you’re paid
- Assignment rate (total billed)
- £—
- Employer’s NI
- −£—
- Apprenticeship Levy
- −£—
- Employer pension
- −£—
- Umbrella margin
- −£—
- Gross pay
- £—
Your payslip
- Gross pay
- £—
- PAYE income tax
- −£—
- Employee NI
- −£—
- Employee pension
- −£—
- Student loan
- −£—
- Postgrad loan
- −£—
- Weekly net pay
- £—
Personal allowance reduced. Earnings above £100,000 lose £1 of PA for every £2 over — fully gone by £125,140. We’ve tapered yours by £— per year. If your tax code already reflects this, your actual figures may differ slightly.
Want a higher take-home? On outside-IR35 contracts at a decent rate, a limited company will almost always net you more — we’ll model both side by side.
Book a free chat or call 020 7731 1117.
Three things to check before you sign.
Umbrella is the fastest route in, but the details matter.
Ask about holiday pay
Rolled-up holiday can be withheld until you take leave — or quietly kept by the umbrella if you don’t. Always confirm how it’s handled.
Beware off-payroll schemes
If a “non-PAYE” or “elective deduction” scheme promises 80–90% take-home, walk away. HMRC will eventually come knocking.
Compare vs limited company
On outside-IR35 contracts at a decent day rate, running a limited company almost always takes home more. We’ll model both for you.
More from Resources
While you’re here…
Dividend Tax Calculator
Work out the tax on dividends drawn from your limited company.
Corporation Tax Calculator
Estimate what your limited company owes after marginal relief.
Salary Calculator
Check take-home on any salary — tax, NI and pension factored in.
Software
Joy Pilot — included with every No Worries package.
Still not sure?
Let’s talk it through.
A calculator gives you the numbers. A five-minute call with us gives you the context. No sales pitch — just a clear answer.
Prefer to talk? Call us on 020 7731 1117