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Contracting Calculator - Results (outside IR35)

Your results
  • Your gross annual revenue is £48,000
  • Deducting your expenses of £11,000 results in a profit of £37,000
  • Total taxes are £9,208, which is 19% of your company revenue
  • Your net annual income is £35,791, and net monthly income is £2,982
  • To earn the same via permanent employment would require a salary of £44,820.

Other relevant information:

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