When it comes to choosing the best umbrella company to work with, there are many things a contractor must take into account, from the umbrella company’s fees, their level of service to what perks and benefits they can offer you. That’s why it’s so important for contractors to do their research to find an umbrella company that best suits their needs.

However, as operating through an umbrella company has become an increasingly popular option for contractors in recent years, the number of umbrella companies out there has skyrocketed. Although this gives you a lot of choice, it can make it difficult to find and choose a company that will work well for you.

That’s where Umbrella Broker come in handy. With our quick and easy to use umbrella calculator, we help contractors find an umbrella company that’s the perfect match for them in just 60 seconds.

Calculate your potential take home

To help contractors find out more, we’ve put together this handy guide on umbrella calculator benefits to find the best umbrella company for you.

Compare umbrella companies quickly and easily

A huge advantage of an umbrella calculator is how quick and easy it is to use.

Rather than spending hours manually browsing the web to find and compare companies, an umbrella calculator does all the hard work for you.

Contractors simply need to input a couple of details, including their contact information and contractor rate, and our tool will save you hours of searching. In just 60 seconds, we will generate a list of the best-suited umbrella companies based on your information, so you can find the perfect match.

What’s more, we present the results in an easy to read, comprehensive list view, meaning you won’t get lost in multiple tabs.

Compare results based on your contractor requirements

No two contractors are the same, meaning it’s important that each one finds an umbrella company that caters towards their needs. After all, whether you require same-day payments, extra levels of insurance or help with childcare credits, you need an umbrella company that works well for you.

That’s another huge advantage of using an umbrella calculator, they allow you to quickly compare companies based on the service level you require, helping you find your perfect fit.

Find out your take-home pay

When choosing an umbrella company to work with, contractors will inevitably want to know what their take-home pay will be under each company. After all, you work hard for your money, so you want to see the returns.

That’s why our umbrella calculator allows you to easily compare what your take-home pay will be under different companies. We show you what your payslip will look like, outlining how much tax and National Insurance you will pay, how much you will pay in pension contributions, umbrella fees and any other costs that will impact your income.

You can easily compare the results side by side, meaning you can choose a company that works to maximise your take-home pay.

For more help, check out our full guide on calculating your take-home pay with an umbrella calculator.

Compare results at any time

With Umbrella Broker’s calculator, we allow contractors to save their results, meaning you can go back to them at any point. After all, choosing which umbrella company to work with isn’t a decision that should be rushed into.

This handy feature allows you to take your time when choosing an umbrella company, giving you the chance to thoroughly review and consider your options.

Edit your results at any time

As well as being able to head back and view your results at any time, we also allow contractors to edit their results.

So, if you want to see how changing the information you have provided will impact your results, this is quick and easy to do. This helps you cover all bases to ensure you are getting the best deal.

Compare umbrella company fees

When choosing an umbrella company to work with, the fees they charge usually play a key role in the decision-making process.

In exchange for the services they provide the contractor, such as invoicing the client, paying their salary, deducting their tax and National and Insurance contributions and providing insurance cover, every umbrella company charges a fee.

However, no contractor wants to be paying too much in fees, which is why it’s important to compare umbrella company fees to ensure you are paying a fair price.

That’s why our umbrella calculator makes it super easy to compare umbrella fees. We will breakdown each company’s fee and what you will receive for this in return, helping you make a well-informed decision.

Compare only the best umbrella companies

Umbrella Broker only works with the best umbrella companies out there, meaning when you use our umbrella calculator, you will only ever be shown a list of trustworthy, reputable companies.

After all, although most companies have contractors’ best interests at heart, some, unfortunately, don’t. That’s why we only work with companies we can trust, so you can rest assured you’re making a great choice.

Ready to try out Umbrella Broker’s umbrella calculator?

Now you know what the many benefits of using an umbrella calculator are, why not give it a go yourself?

Umbrella Broker’s umbrella calculator takes just 60 seconds to use and will help you compare the best umbrella companies based on your needs and requirements, whether you are looking for IR35 compliance, more money or other extra perks.

Quick and easy to use, simply enter your name, contractor rate and contractor requirements and we will do the rest. Next, just browse through our comprehensive list of umbrella companies and find the best one for you.

Ready to join the thousands of contracts we’ve already helped?

Calculate your potential take home