Annual salary calculator

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Whether you’re new to contracting, or have been working for yourself for years, when you’re deciding on a rate for an assignment it’s important to know that you’re earning enough for your time and skill set. Often, clients may offer an hourly or daily rate, but it’s important to know how much this is annually when deciding if an assignment is worth your while; particularly if the assignment will be for a long period of time.

It can sometimes be complicated working out how much to charge, especially when you have to consider tax and national insurance contributions. Luckily, our annual salary calculator is here to help.

Calculate your annual salary

The annual salary calculator provides an illustration of what your hourly assignment rate equates to on an annual basis. This calculator is intended to provide an illustration only and doesn’t take into account the benefits you could enjoy as a Parasol employee.

For a more accurate calculation, call our best advice team on 0800 458 0818.

The above calculation assumes you will receive your statutory entitlement to paid holidays. For more information on how Parasol can help you, visit our umbrella company page or get in touch with us.