Contractor take home pay & expenses calculator

Call our best advice team free on mobileWe are open. Call us now on
0800 458 0818
Whether you want to ring us, request a callback or chat online with our experts rest assured that no matter how you get in touch, you'll always get the best advice

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.

Use our annual salary and hourly rate calculators

If you’re unsure of how much you should charge as your hourly rate as a contractor, our hourly rate calculator can help. Simply tell us how many hours you work and what your desired annual salary would be and our calculator will do the sums for you.

Already know your hourly rate? If you’ve already decided how much to charge as your hourly rate and want to find out how much this equates to each year, head over to our annual salary calculator to see what your yearly salary could be.



WorkStyle Publication

Introducing WorkStyle our brand new guide to contracting publication.