Income Shifting Calculator

In April 2009 the government may introduce 'Income Shifting' legislation to remove the tax advantages of family firms who share company profits by splitting dividends. This legislation is in reponse to the 'Section660a' case that was won by Arctic Systems.

Simply enter your contract details below and click calculate:

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Latest Site Updates

ContractorCalculator: Contracting news in brief – 25/May/2012 ContractorCalculator: Contracting news in brief – 25/May/2012

News this week includes new ‘off-payroll’ rules; Scotland’s contractor demand; HMRC under fire; 30% income tax plan; oil/gas boost; & skills potholes.

Contractor limited company formation versus set up and preparing for trade Contractor limited company formation versus set up and preparing for trade

Contractors wishing to use a limited company can choose between a basic formation service or an existing entity that’s registered and ready to trade.

Public sector contractors may be forced into PAYE under new ‘off-payroll’ rules Public sector contractors may be forced into PAYE under new ‘off-payroll’ rules

Limited company contractors with public sector clients are facing new ‘off-payroll’ rules that could force them into PAYE or out of work.

Choosing an online contractor accountant or accountancy software – checklist download Choosing an online contractor accountant or accountancy software – checklist download

Contractors can choose the online contractor accountant or accountancy software that suits the needs of their contracting business using this free che


  
  

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  • UK economy performed worse than thought in Q1 but fortunately most contracting sectors are bucking this trend: ONS http://t.co/Asfo1NKy

    22 hours ago

  • As manufacturing slows (http://t.co/W6hqs2Nq), manufacturers say government policy isn't helping (http://t.co/ruFxJDjV)

    23 hours ago

  • HMRC's impressive efforts collecting extra £4.32bn over 5 years have been stunted by job cuts http://t.co/ApR00Vfa via @BBCNews

    Thu, 24 May 2012

  • Contractor limited company formation versus set up and preparing for trade http://t.co/rYtmRTQx

    Thu, 24 May 2012

  • Public sector contractors may be forced into PAYE under new ‘off-payroll’ rules http://t.co/LksFe03G

    Wed, 23 May 2012

  • Oil and gas contractors prospects looking positive following record breaking North Sea licensing round http://t.co/1oy3Wb4l

    Wed, 23 May 2012

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