PayTaxTools
2026/27 rates

Umbrella Company Take-Home Pay Calculator

The rate an agency quotes you is not your salary. Before anything reaches your gross pay, the umbrella funds employer’s National Insurance, the Apprenticeship Levy, its own margin and your holiday pay out of your assignment rate. This calculator shows every one of those steps, in order, so you can see exactly where each pound goes — and what percentage of your quoted rate you actually keep.

Your assignment rate

How is your rate quoted?
Jurisdiction

Umbrella margin

Typical FCSA-accredited range for 2026/27 is £15–£30/week. This is market data, not a government figure — edit it to match your provider's Key Information Document.

Holiday pay

How is your holiday pay treated?

Student loan

Pension

Auto-enrolment is opt-out, not opt-in — most contractors start enrolled.

Statutory minimum is 5%. Increase this if you contribute more.

£1,334.38

Net take-home pay this week

53.4%

of your assignment rate retained as take-home pay

This is an estimate

This models the deduction stack described in umbrella Key Information Documents — it is not a payslip. Figures use annual HMRC thresholds applied evenly across 52 weeks rather than HMRC’s official weekly tables, so expect penny-level rounding differences. It calculates take-home for a week worked, not an annualised income — gaps between assignments aren’t modelled here. Not tax advice; a payroll professional should confirm the deduction ordering for your specific umbrella before you rely on this for a financial decision.

The full deduction stack, in order
ItemAmount
Assignment rate this week£500.00/day × 5 days£2,500.00
Employer's National Insurance15% above the weekly-equivalent Secondary Threshold — no Employment Allowance offset-£360.58
Apprenticeship Levy (allocated share)0.5% modelling proxy — see note below-£12.50
Umbrella marginProvider's fee — market rate, not a regulated figure-£25.00
Holiday pay (rolled up)Already included in the assignment rate above (12.07% of basic pay) — not an extra deduction, just labelled separately on your payslip£269.23
Gross taxable salaryWhat actually reaches the payslip — this is what PAYE is calculated on£2,101.92
Employer pension contribution (3%)Statutory minimum — funded from the gross figure above, not a separate cost to the umbrella-£25.40
Employee National Insurance8% between the Primary Threshold and UEL, 2% above-£80.20
Income taxengland & NI rates and bands-£619.60
Employee pension contribution (5%)-£42.34
Net take-home pay this week£1,334.38
Show your working
  1. Assignment rate (R)£2,500.00£500.00/day × 5 days
  2. Less: employer's NI on R-£360.58
  3. Less: Apprenticeship Levy on R-£12.50
  4. Less: umbrella margin-£25.00
  5. Holiday pay (embedded, not deducted)£269.23
  6. = Gross taxable salary£2,101.92
  7. Less: employer pension contribution (3%)-£25.40
  8. = Taxable gross for PAYE£2,076.52
  9. Less: employee NI-£80.20
  10. Less: income tax-£619.60
  11. Less: employee pension contribution (5%)-£42.34
  12. = Net take-home pay this week£1,334.38
  13. Effective % of assignment rate retained53.4%Net take-home ÷ assignment rate — the figure most umbrella calculators never show

Rolled up vs accrued: same rate, different week

Same assignment rate, same margin, same jurisdiction — only the holiday pay treatment changes. This is why the choice matters.

✓ More cash this week

Rolled up (your selection)

£1,334.38

53.4% of assignment rate retained

Holiday pay this week
£269.23 (paid now)

Accrued (alternative)

£1,208.92

48.4% of assignment rate retained

Holiday pay this week
-£269.23 (withheld)

VERIFIEDACAS: rolled-up holiday pay for irregular-hours and part-year workersLast checked 2026-08-23

SECONDARYFCSA member rates (representative — no single regulator publishes umbrella margins)Last checked 2026-08-23