MyPay - UK leading PAYE Umbrella Company for freelance and contractor payroll

MyPay Margin

MyPay margins are set up to suit your individual requirements, so whether you are paid weekly or monthly, or enjoy time off between assignments our margin structure is set up to suit you.

Umbrella
Service

Margin
(shown on payslip)

Cost to you
(20% tax payer)*

Cost to you
(40% tax payer)*

Cost to you
(50% tax payer)*

Weekly

£25.00

£14.04

£11.54

£9.04

Monthly

£85.00

£47.77

£37.00

£26.23

*Based on tax thresholds announced by HMRC in May 2009, basic rate is calculated at 20%, higher rate is calculated at 40% and National Insurance at 11%.

To keep your costs down we operate our Umbrella on a no timesheet, no margin basis, so when you’re not on assignment MyPay do not take a margin.

We also operate our administration margin on a flat rate with no hidden extras. This means by taking a flat rate, if you get a well earned pay rise, our margin remains the same with the extra money going straight into your pay.

Untitled Document
Open an account today!
Request Callback
My Umberella Guide

Untitled Document

Copyright © 2012 MyPay | Sitemap | Site by DRP Creative Limited