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Contracting Calculator - Results (inside IR35)

Your results
  • Your gross annual revenue is £48,000
  • Deducting your expenses of £2,400 results in a profit of £34,148
  • Total taxes are £11,939, which is 24.87% of your company revenue
  • Your net annual income is £30,660, and net monthly income is £2,555
  • To earn the same via permanent employment would require a salary of £37,695

Other relevant information:

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