Your Details
| Your Details | Rate | £601 |
| Rate Type | Daily | |
| Hours per week | 37.5 | |
| Days per week | 5 | |
| Weeks per year | 45 | |
| Salary | £0 | |
| Legitimate section 98 expenses | £0 | |
| Pension contributions | £0 | |
| Other income | £0 | |
| Tax code | 1250L | |
| Personal Income | Net Annual Income | £71,472 |
| Net Monthly Income | £5,956 | |
| Company Income | Contract revenue | £135,369 |
| Other income | £0 | |
| Total revenue | £135,369 | |
| Company Expenditure | Allowable Expenses 5% | £6,768 |
| Employers N.I. on salary | £0 | |
| Salary | £0 | |
| Legitimate section 98 expenses | £0 | |
| Pension contributions | £0 | |
| Total expenditure | £6,768 | |
| Net Result (Effective Income) | £128,600 | |
| Additional Employers NI Due 19th April | £15,594 | |
| Deemed payment | £113,005 | |
| Tax Calculations | Taxable Income (salary + deemed payment) | £113,005 |
| Employees NI | £0 | |
| PAYE | £0 | |
| Additional Employers NI | £15,594 | |
| Additional Employees NI | £6,226 | |
| Additional PAYE | £35,306 | |
| Extra tax payable on 19th April | £57,127 |