Contractor 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.

Please enter your details below:

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

One of the benefits you'll enjoy as a contractor or freelancer is the opportunity to claim legitimate business expenses and costs.

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

The types of expenses you can claim tax free can change based upon different assignments, please see our business costs and expense guide for more information.