ICS Fee Grid - February 2012

Limited Company Service

    Gross Fees
(Amount paid to ICS)
As from Jan 2011
Net 20%
( if you are a 20%
basic rate taxpayer)
Net 40%
(if you are a 40%
higher rate taxpayer)
Net 50%
(if you are a 50%
top rate taxpayer)
Weekly Lite £23.00 £18.40 £13.80 £11.76
(per time sheet) Plus £32.00 £25.60 £19.20 £16.36
Pro £41.00 £32.80 £24.60 £20.96
Monthly Lite £90.00 £72.00 £54.00 £46.00
(per time sheet) Plus £125.00 £100.00 £75.00 £63.89
Pro £160.00 £128.00 £96.00 £81.78

Umbrella Company Service

  Gross Fees
(Amount paid to ICS)
As from Jan 2011
Net 20%
( if you are a 20%
basic rate taxpayer)
Net 40%
(if you are a 40%
higher rate taxpayer)
Net 50%
(if you are a 50%
top rate taxpayer)
Weekly
(per time sheet)
£24.00 £14.68 £12.55 £10.43
Monthly
(per time sheet)
£70.00 £42.82 £36.61 £30.41

Sole Trader Service

  Gross Fees
(Amount paid to ICS)
As from Jan 2011
Fee is 3.5% of invoice,
with minimum of:
Net 20%
( if you are a 20%
basic rate taxpayer)
Net 40%
(if you are a 40%
higher rate taxpayer)
Net 50%
(if you are a 50%
top rate taxpayer)
Weekly
(per time sheet)
£27.50 £16.82 £14.38 £11.95
Monthly
(per time sheet)
£80.00 £48.94 £41.84 £34.75

Net fees relate to the minimum net effect of fee after tax and NI

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