Estimate Your Retained Earnings
See an indicative estimate of your earnings based on your rates, work pattern and selected deductions.
e.g. 20 days = full-time month
Optional – extra pension you choose (not Auto-Enrolment)
Ring-fenced, repaid tax-free
| Umbrella PAYEClass A PRSI | Director / PSCClass S PRSI | |
|---|---|---|
| Gross Monthly Income | €6,000 | €6,000 |
| Locum Ireland Fee | €110 | €145 |
| Estimated Monthly Pay (incl. pension) | €3,901 | €4,196 |
Estimates use official 2026 Revenue rates. Director / PSC typically retains more as employer PRSI does not apply. Figures are indicative only.
Disclaimer: This calculator provides an indicative estimate only. It uses 2026 Irish tax rates published by Revenue (Income Tax, USC, PRSI) and the Auto-Enrolment rates under My Future Fund. Results can differ from other calculators due to modelling assumptions around umbrella fees, employer costs and Auto-Enrolment. Actual retained earnings depend on your personal Tax Credit Certificate, pension arrangements, expenses and individual circumstances. This is not tax advice. For a personalised illustration, please contact the Locum Ireland team.
Umbrella Director vs Umbrella PAYE
Based on official Revenue guidelines and industry salary illustrations (Fenero 2026 standards), see why 85%+ of Irish locum doctors choose the Umbrella Director route.
Umbrella Director (PRSI Class S)
You become a director of the umbrella company. Best for contractors earning over €250/day.
- Zero Employer PRSI (0%): Saves ~11.25% in tax, putting an extra €254 to €400+/month into your bank account.
- Class S PRSI (4%): Covers the State Contributory Pension and basic benefits.
- Full Business Expense Relief: Claim WFH, mileage, subsistence, medical courses, and tech 100% tax-free.
Umbrella PAYE (PRSI Class A)
You become an employee of the umbrella company with standard social insurance benefits.
- Employer PRSI (11.25%): Paid from your contract income before calculating your gross salary.
- Class A PRSI: Gives full welfare safety net (Jobseeker's Benefit, Illness Benefit, Maternity Benefit).
- Auto-enrolment Pension: 1.5% employee and employer contribution with State top-up.
Umbrella Structures
Three compliant Irish models. Choose the exact structure that matches your earnings, duration, and pension goals.
Umbrella PAYE
Agency-placed nurses, junior locums & short-term hospital covers
Included Features:
Director Umbrella
Locum Registrars, SHOs, GPs & long-term medical contractors
Included Features:
Personal Services Co. (PSC)
Medical Consultants, private clinic owners & multi-source earners
Included Features: