Tax efficient payment solution
See how much more you could earn
The calculator below will illustrate how being paid via a traditional PAYE Umbrella company compares to working for The Sanzar Partnership:
As a Sanzar employee, you could benefit by £22,859.19 p.a.
| Traditional Umbrella Employee | Sanzar Partnership Employee | ||
|---|---|---|---|
| Gross Income | £108,000.00 | £108,000.00 | |
| Salary upon which PAYE is to be paid | £108,000.00 | £11,001.60 | ? |
| Profit share on account, distributed from The Sanzar Partnership | - | £82,448.64 | ? |
| Personal tax allowance | £5,435.00 | £5,435.00 | |
| Total PAYE & NI Deductions | £39,134.60 | £1,725.65 | |
| PAYE Tax Deductions | £34,913.00 | £1,113.32 | |
| Tax paid at basic rate | £6,113.00 | £1,113.32 | |
| Tax paid at high rate | £28,800.00 | £0.00 | |
| Employees NI Deductions | £4,221.60 | £612.33 | |
| Rate below upper earnings limit 11% | £3,511.20 | £612.33 | |
| Rate above upper earnings limit 1% | £710.40 | £0.00 | |
| Net monthly income | £5,738.78 | £7,643.72 | |
| Net annual income after deductions | £68,865.40 | £91,724.59 | |
| Monies received as a % of Contract Value | 64% | 85% |