Umbrella Company Calculator: How much will you take home?

Work out your take home pay with an umbrella company calculator

For contractors opting to use the services of an umbrella company, an umbrella calculator can help to find the best umbrella company whilst offering a comprehensive break-down of what services you will receive and how much you will take home.

After all, no two contractors are the same. Some want help with child credits and others want a company that will let them claim expenses. Whatever your contractor requirements, it’s important that you find the best umbrella company for your needs whilst taking home as much as possible.

However, many contractors will learn that the cheapest umbrella company isn’t always the most financially beneficial in the long run.

At Umbrella Supermarket, we understand that it’s difficult to know which umbrella company is going to help you take home the most pay or end up with the most money at the end of the month. That’s why we offer our quick and easy to use umbrella company calculator to help every contractor find the best umbrella company for them.

In this guide, we explain how every contractor can use an umbrella calculator to work out their take home pay and find the best deal.

Why use an umbrella company calculator?

 First, let’s start with the benefits of using an umbrella company calculator. After all, contractors have the option of manually searching for umbrella companies themselves, so why use a calculator?

As every contractor wants to find the best umbrella company for them based on fees, services and benefits, an umbrella company calculator makes it quick and easy to compare companies based on your personal requirements.

After all, not all umbrella companies are created equal, meaning it’s important to compare umbrella companies side by side to gauge what benefits they offer to contractors whilst seeing what your take home pay will look like with each company.

So, rather than contractor’s spending hours manually searching the web to compare results which can be time consuming and confusing, an umbrella calculator does all the hard work for you. You can even create an account and revisit your results whenever suits you.

Ready to get started?

Enter your contractor preferences to find the best results for you

As we’ve talked about, every contractor has different requirements. Whether you want help with childcare credits or require specific levels of insurance, using an umbrella calculator makes it quick and easy to find the best deal based on your personal preferences.

At umbrella Supermarket, we have no vested interest in any one company, meaning we will only ever show you an objective list of results that are the perfect fit for you, not us. That means you can quickly and easily browse a list of umbrella companies suited to your needs and find out how much your take home pay will be with each company, so you can find the ideal fit.

What’s more, our handy umbrella comparison tool lets contractors alter their preferences to see how much this will impact their take home pay to help you find the perfect deal. We help contractors differentiate between the thousands of umbrella companies out there in a crowded market, allowing them to refine their results and find a company that best suits them.

Compare umbrella company prices to find the most cost effective option

Taken off a contractor’s pay, an umbrella company’s fees will have an impact on a contractor’s take home pay. That’s why no contractor wants to be paying extortionate fees, but it’s also important to remember that the cheapest umbrella company won’t always mean higher take home pay.

That’s why our umbrella calculator helps contractors compare umbrella fees whilst also showing a clear and easy to understand breakdown of what their take home pay will look like under each company, helping you find the best deal.

Our calculator breaks down tax contributions, National Insurance payments and any other additional payments like pension contributions that will impact your income.  That means you can see how much you will take home to ensure you are maximising your income.

Only compare the best umbrella companies 

Sadly, like with any industry, there will always be those umbrella companies that don’t have the contractor’s best interest at the core of what they do. Clearly, it’s important to avoid these companies in order to ensure you get the best deal and always meet your tax obligations.

That’s why it’s important that contractors only work with reputable companies. At Umbrella Supermarket we only every partner with these very companies, so contractors be safe in the knowledge that they’re only working with the best.

Using Umbrella Supermarket’s umbrella company calculator to work out your take home pay

Our umbrella company calculator lets contractors find the best company based on their personal preferences whilst offering a comprehensive break-down of what they will take home each month. What’s more, it takes just 2 minutes to use.

Start by entering your:

  • Name
  • Mobile number for verification
  • Email address
  • Day Rate

 

Then select your preferences based on what’s most important to you, whether that’s money, service level, compliance or feedback.

Next, you will find a list of the best results and will even be able to review your payslips from a range of the best suited umbrella companies. You can enter further personal and role information to further refine your results and find the perfect match for you.

Our award-winning umbrella comparison tool has helped thousands of contractors find the best umbrella company for their needs. Whatever your personal preferences, we make it quick and easy for contractors to find the best suited umbrella company for them whilst offering a comprehensive break down of your take home pay with each company. Why not see what we can do for you today?

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