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If your next contract falls inside IR35 then working through an umbrella company is often the simplest solution for most contractors. It provides you with legal employee status and handles all of the paperwork. Our inside IR35 calculator can provide you with a quick take home pay estimate if you decide to join our umbrella company.
The figures provided in this illustration are an estimate of your potential take-home earnings based on a 40 hour week and a 1257L tax code. For a full breakdown of assumptions click here. If you would like a personalised, detailed breakdown based on your individual circumstances, please contact our Onboarding team.
In this video Damien quickly explains what an umbrella company is and lists just some of the benefits you can enjoy by using one.
For a personalised quote from our New Business Team call 0161 923 0201 (option 1) or email
newbusiness@paystream.co.uk. Alternatively, complete the contact form below for a callback.
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