Close video

Take Home Calculator

Below you will find our 123 Take Home Calculator - this shows you what you can expect to take home from a given contract. It also compares the differences between freelance contracting through your own Limited Company, as a Sole Trader, through an Umbrella Company, or if you were to stay/return to full time employment.

The 123 Take Home Calculator assumes that you have a PAYE tax code of 1100L for the tax year 2016-17.

The results should be taken as an indication of your income - every persons tax position is different, for a more detailed forecast please call us on 0845 834 0269.

Earning Details

Per Year
Income Per Day
Income from VAT Flat Rate Scheme
Annual Salary
Employers National Insurance Contributions
Annual Use of Home
Monthly Accountancy
Daily Travel
Daily Subsistence
Daily Other
Corporation Tax
Maximum Dividends Available To Withdraw
Total Dividends You Want To Withdraw

Summary - per year

Ltd Company Sole Trader Umbrella Employed
Contract Value
Income From VAT FRS
Corporation Tax
Income Tax
Employers National Insurance
Employees National Insurance
Total Tax Paid
Tax as Percentage of Contract Value


This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.