Whether you are new to contracting or a contracting veteran, every contract is different. So, you need to make sure you are taking home the most of your hard-earned money.
Contracting through your own limited company is the most tax efficient way of working. The tax benefits are pulled from: company expenses, flat rate VAT scheme, corporation tax and much more.
But will our contractor calculator give you a fair idea of how much you could be taking home? Absolutely, our calculator factors in the following:
- 46 weeks working a year work
- 2 weeks of bank holidays
- 4 weeks of holiday
- Expenses include: basic salary, accountancy costs, use of home and nominal travel expenses.
Need a bespoke take home pay calculation?
Our team of qualified accountants can provide you a same day tailored calculation. We can also tell you: take home pay inside and outside of IR35 and compare rates between using a Limited company vs an umbrella company.
Simply call 020 7096 2659 where we will take a few details or complete our call back request form here for one of our team to be in touch.