Limited company calculator

Can’t decide between umbrella or limited? Don’t worry, as we’re here to help. Just enter a couple of details and we’ll show you how much you could take home as a limited company contractor with us.

Request your personalised calculation



Why use the ClearSky contractor calculator?

Taking the first step to becoming a contractor? Or, perhaps you’ve been contracting for a while as an umbrella employee but are ready to take the next step in your career? Whatever your reason for considering becoming a limited company director, it’s likely that how much money you’ll be taking home will be a big factor in your decision!

Becoming a limited company director can mean you have to do a little more in terms of paperwork, so it’s important to know that you’ll be reaping the extra rewards at the end of the month. This is why we’ve created our limited company calculator; so you can calculate your income as a limited company director. Just another example of how we’re with you all the way.

Why Clearsky accounting

Unbeatable service

You’ll get your very own personal accountant who can help you through the entire setup process and beyond

Great value

Our transparent approach to pricing and great range of packages means you only pay for what you need

Reliable advice

We’re IPSE-accredited and a founding member of the FCSA, so you can be sure we’re experts in our field

Adaptable

Easily switch between limited and umbrella employment, depending on your needs, with no added cost

Why it pays to go limited

If you set up a limited company, you can benefit from a number of tax-efficient perks. One of these is the ability to pay yourself a combination of salary and dividends – reducing the amount of Income Tax and National Insurance you’ll be charged. You can also register for the flat rate VAT scheme, which allows you to keep back some of the tax you charge clients – instead of sending it all to HMRC.

Increase your take home pay

Setting up as a limited company is widely considered to be the most tax-efficient way of working. You can take earnings from the business as a combination of salary and dividends – reducing your overall tax liability.

Tax planning opportunities

Benefit from the advice of qualified experts to ensure you're ensuring you and your family are covered through pensions, government schemes and insurances

Expenses tax relief

Never miss out on claiming back expenditures you make for your business by understanding everything that you can and can't claim for.

Respect

Having that Limited (LTD) next to your name affords you a level of respect and opens your business opportunity pool for who can/will work with you. Plus, helps when it comes to your exit strategy

How it works

If the idea of increased income with tax-efficient benefits sounds good to you, but you don’t like the idea of the extra admin, we’re here to help. We can help to cut the amount of paperwork you have to do and simplify the tasks that stop you from getting in the way of what you do best; your job.

Arrow Downwards

Chat with our friendly specialists who'll ensure this is the right path for you and your future

Arrow Downwards

We'll go ahead and set your company up dealing with HMRC on your behalf.

Arrow Downwards

You can then start trading through your company and raising invoices (with our help).