Take home pay & expenses calculator

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Estimate your take home pay and expenses


Want to know how much you could earn as a contractor? Of course you do! Simply enter a few details below and we’ll show you what you could walk away with if you choose either the umbrella route with us, or to set up a limited company with our sister firm ClearSky Contractor Accounting.

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How we help to make the most of your take home pay and expenses

One of the many benefits you’ll enjoy as a contractor or freelancer is the opportunity to claim legitimate business expenses, to cover the costs incurred while on assignment. From train tickets and overnight stays to pens, paper and laptops – the amount really does add up!

When you submit an expenses claim with Parasol, we’ll deduct them from our invoice (the money we receive from the agency) before tax and reimburse them back to you – enhancing your income.

Please note that our take home pay calculator makes assumptions about the basic amounts you might claim for business expenses such as mileage, food and drink. Of course, everyone’s different, so call our best advice team on 0800 458 0818 for a personalised calculation.