If you are a contractor or freelancer, the amount of money you will take home after you have paid your tax, is likely to be the most important thing for you.
Our contractor tax calculator will give you an idea of how much you can expect to take home, either working through a Limited Company or under an Umbrella. If you are new to contracting or thinking about making the switch from permanent employment, check out our handy guides new to contacting and permanent to contracting or give one of the team a call on 01442 795 100 for a fuller explanation of how it all works. Please find the assumptions here.
We have some of the lowest accountancy fees in the industry and our dedicated team has decades’ worth of specialist experience in contractor accounting, so you can rest assured that your take home pay is in safe hands.
Contractor Tax Calculator
Calculate your monthly take home pay
Monthly Take Home Pay
The figures above are an illustration only, using a series of assumptions based on common working patterns. Your actual take home pay will depend on a variety of factors – for a breakdown of these figures and a bespoke pay illustration, please call us on 01442 795 100 or email firstname.lastname@example.org.
Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, ContractorUmbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:
Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
Free use of ContractorUmbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, ContractorUmbrella.
A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
Free Business Banking – We have decided to waive our commission so our clients can use CashPlus free of charge for the first year, saving you £69.
Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.