ICS For Contractors - Contractor Tax Calculator
ICS have a range of contractor accounting services that meet your requirements based on the sector you operate in and the rate you charge. Use the 'Calculate your take-home pay' tool below and discover the best option for you or download our Contracting Guides for advice. You may want to calculate tax, and find out how much tax you pay as ‘self-employed’, but often people find themselves benefiting from being employed through their own limited company or an umbrella company. This calculator takes those factors into consideration to provide you with an estimate of your annual income and expenses, categorising this into weekly take home pay with an ICS limited and umbrella company.