Interactive Umbrella Payslip Calculator & Explainer
Input your assignment details to see an illustrative breakdown and understand common items on a UK umbrella company payslip.
Umbrella Payslip Inputs
Enter your contract and umbrella details to see an illustrative breakdown.
Illustrative Payslip Breakdown
Tap the icons for explanations. Figures are estimates based on your inputs.
Umbrella Company Payslip - Sample Period
| Item Description | Amount (£) |
|---|---|
Assignment Rate / Income from Agency/Client | £0.00 |
Umbrella Company Margin (Company Fee) | £0.00 |
Employer's National Insurance (NI) | £0.00 |
Employer's Pension Contribution (Auto-Enrolment) | £0.00 |
Apprenticeship Levy | £0.00 |
Gross Pay (for tax purposes) | £0.00 |
Holiday Pay | £0.00 |
Taxable Gross Pay (inc. Holiday Pay if advanced) | £0.00 |
Income Tax (PAYE) | £0.00 |
Employee's National Insurance | £0.00 |
Employee's Pension Contribution (Net Pay Deduction) | £0.00 |
Student Loan Repayment | £0.00 |
Net Pay (Take Home Pay) | £0.00 |
This is a simplified example. Your payslip may contain additional items. "Gross Pay (for tax purposes)" represents the amount your umbrella company declares to HMRC as your earnings before your personal tax and NI. All employer costs (Employer NI, Employer Pension, Apprenticeship Levy, Umbrella Margin) are deducted from the original agency/client rate *before* arriving at this Gross Pay figure. The actual calculation is complex and this tool provides an illustration.
Important Note
This tool provides an illustrative calculation and generic example of an umbrella company payslip. The layout, specific terms, and exact calculations can vary significantly between different umbrella companies and depend on your individual circumstances (tax code, pension choices, etc.). Always refer to your own payslip and consult your umbrella company or a financial advisor if you have questions about your specific pay. This tool is for educational purposes and does not constitute financial advice. Calculation accuracy depends on the inputs and the simplified model used.