Norla Group

A leading UK website for contractors and freelancers | Updated:Tue, 06 Jan 2009, 00:00 GMT

Limited Company Calculator - Results

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Annual Revenue: £1
Dividends and Income: You can declare maximum net dividends of £-2999 per year (£-250 per month) [i.e. all the profits.].

To calculate additional personal taxation on any dividends use the Dividend Tax Calculator.

To calculate taxes and net income on salaries use the Permanent Salary Calculator.
Expenditure: Salaries £0  
  Employers NI £0 (Total for all employees)
  Schedule E Expenses £3,000  
  Pension contributions £0  
  Total expenditure £3,000  
Profit before taxes:   £-2999 (Profit margin % = -299900%)
Corporation tax:   £0 (Corp' tax % of revenue = 0%)
Net Profits after taxes: Net profit per year £-2999  
  Net profit per month £-250 (Profit % of revenue = -299900%)

Solutions for Contractors:

PayScheme+: Tax efficient IR35 solutions. Up to 87% of contract value.

Atlantic Umbrella: Service driven and tax efficient. Pays on timesheets.

Norla Group: Umbrella Payroll and Accounting Solutions for Contractors

Parasol: Award winning customer service. Excellent returns. FREE insurances.

Sanzar Payment Solution: Retain minimum 85% of contract value, with no IR35 concerns.

 

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