Financial

Umbrella vs. Limited Company Take-Home Calculator

Compare UK contractor take-home pay between an umbrella company (PAYE, Employer's NI, Apprenticeship Levy, margin) and a limited company (Corporation Tax, salary/dividend split).

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Rates current as of 6 April 2026 (tax year 2026/27).🇬🇧 United Kingdom rules.Thresholds change by law — verify against an official source before relying on this for a real decision.

Umbrella — Annual Take-Home

£61,195.82

Limited Company — Annual Take-Home£67,663.11
Difference£6,467.29
Umbrella — Employer's NI + Levy + Margin Deducted£16,192.38
Ltd — Corporation Tax + Employer's NI£20,863.04

This is an illustrative estimate, not tax advice — real umbrella payslips and accountant fee structures vary.

Outside-IR35 comparison shown — this is where the limited company route's tax efficiency genuinely applies.

We don't determine your IR35 status — see the IR35 Factors Checklist for the main factors, and get a professional assessment for a real engagement.

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