£700 a day: take-home pay 2026/27
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What a £700 day rate actually pays in 2026/27, worked both ways: inside an umbrella company and outside via your own limited company. Figures assume 220 chargeable days a year, the standard 46-week umbrella model and a £12,570 salary under LTD. Computed live from the same verified tax engine that powers the take-home calculator — never typed in by hand.
| Umbrella | Limited company | |
|---|---|---|
| Gross assignment (220 days) | £154,000 | £154,000 |
| Annual take-home | £83,465 | £87,946 |
| Monthly take-home | £6,955 | £7,329 |
| Effective take-home rate | 54% | 57% |
How the £700 rate breaks down
Umbrella route: income tax £42,414, employee NI £4,621, employer NI £22,350 and the umbrella margin come off the top before your take-home. LTD route: corporation tax £35,058 on profits, dividend tax £28,661, plus salary £12,570 and accountancy costs.
Is £700 a good day rate?
Check tonight's live percentiles for your role: project manager · business analyst · software engineer · all roles. At £700 you're comparing against the top quartile of most professional categories.
Illustration only — assumptions and the full methodology are on the 2026/27 tax page. Not tax advice; verify at gov.uk.
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