Contractors working through their own limited company can expect an inflated hourly or daily rate from their recruitment agency. By working 'limited' and not as an employee of the agency, you are effectively saving them money in employer's national insurance contributions. This saving should be passed on to you in full and can be calculated by inputting the agency PAYE (or employee) rate and the number of hours you expect to work each week. If you are quoted anything less than the 'gross cost per hour', we suggest you print out this calculation and the ask them to quote again. For more advice on running your own limited company, speak to one of of top 10 accountants or request a call back today.

calculate

Agency rate uplift results

kindly provided by  

Total cost per hour

Gross % increase

%

Agency Salary per week

(rate x hours)

Agency Salary per annum

(x 52 weeks PAID)

Employers' NIC per annum

Total cost per hour:

Total Salary Costs per annum

Total cost per hour:

Gross cost per week

( /46.40 weeks WORKED)

Gross cost per hour

( / hours)

You could take home 80% with your own limited company! Check out our top 10 accountants today.

featured accountants

• Accountant
• Umbrella Company
• Exclusive Offer