Illustrations
We have put together an illustration below to demonstrate just how much better off you could be operating through your own Limited Company.
The example below compares the Net pay figures between standard PAYE (i.e. working directly for an employer), Umbrella PAYE (i.e. a service from a payroll provider, processing expenses with every payment) and your own Limited Company.
These figures are for example purposes only and based on the following scenario: Gross earnings of £300 per day and an estimated average of £225 expenses per week.
If you would like your own personalised illustration please contact us.
|
|
PAYE |
Umbrella
PAYE |
Limited Company |
Net Pay
per week |
£997.10 |
£1,011.54 |
£1,197.57 |
Net Pay
per year |
£51,849.20 |
£52,600.08 |
£62,273.64 |
Limited Company Pie Chart
The diagram below shows, representatively, how the income in your Limited Company is usually split.
These diagrams are for illustrative purposes only. If you would like more information or a personal quote based on your details, please contact us, or leave your number and we’ll call you back.