IR35 & Contracting
Umbrella Company Take-Home Pay Calculator
Estimate umbrella net pay and see the gap between assignment income and taxable gross pay.
Estimated annual net pay
£69,767.31
Annual net £69,767.31. Tax year 2026/27.
Umbrella breakdown
- Assignment income
- £126,500.00
- Umbrella margin
- £1,800.00
- Employer National Insurance
- £15,542.21
- Apprenticeship levy
- £543.07
- Holiday pay display
- £0.00
- Gross taxable pay
- £108,614.72
- Income tax
- £29,342.39
- Employee National Insurance
- £4,074.28
- Pension deduction
- £5,430.74
- Estimated net pay
- £69,767.31
- Retention percentage
- 55.15%
Assignment rate versus taxable gross pay
The assignment rate is the agency or client contract value. Umbrella margin and employer-related costs are funded before the taxable employee gross pay is calculated, so taxable gross pay can be materially lower than assignment income.
FAQ
Does the tax code change the calculation?
The tax code is displayed as an assumption. This calculator uses the configured standard personal allowance for the selected tax year.
Is holiday pay deducted twice?
No. Holiday pay is shown as an assumption marker so you can discuss retained or rolled-up treatment with the umbrella company.
Related tools
Inside IR35 Calculator, IR35 Tax Calculator, Umbrella vs Limited Company Calculator, and Contractor Take-Home Pay Calculator.
Disclaimer
Results are estimates and are not tax, employment, payroll, or legal advice. Check your key information document and payslip assumptions.