How much will Parasol's umbrella services cost?
Parasol's NetpayXtra umbrella services are designed to suit your individual requirements. Whether you need weekly or monthly payments, we have an option for you.
Parasol takes a FLAT RATE administration fee – with no hidden extras (and discounted for once a month payments). We don’t take a % of your salary. This way, if you get a well-earned pay rise, our costs stay the same and the extra money goes straight into your pocket.
| PAYE Service | Gross (shown on payslip pre tax) | Cost from (Basic rate tax payer)** | Cost from (Higher rate tax payer)** |
|---|---|---|---|
| Weekly | £27.50 | from £16.82 | from £11.95 |
| Monthly | £119.50 | from £73.10 | from £51.91 |
* Based on proposed tax thresholds announced by HMRC in May 2009, basic rate tax is calculated at 20%, higher rate tax at 40% and National Insurance at 11%
To keep costs down even further, we operate our umbrella services on a no timesheet, no charge basis, so when you’re not working there’s no cost to you!
Work out your income
Use our online Benefits Calculator and find out what your take home pay could be.
For a detailed personal illustration of your take-home pay simply call 0800 840 7212
or email us at enquiry@parasolgroup.co.uk.
Heard enough and want to sign up? Click here for secure 24/7 umbrella co. set up
*the net figure is variable due to the nature of your employment with Parasol
