Your Details
Your Details | Rate | £488 |
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 | |
Dividend percentage | 100% | |
Personal Income | Net Annual Income | £73,722 |
Net Monthly Income | £6,143 | |
Company Income | Contract revenue | £109,986 |
Other income | £0 | |
Total revenue | £109,986 | |
Company Expenditure | Expenses | £0 |
Employers N.I. on salary | £0 | |
Salary | £0 | |
Pension contributions | £0 | |
Total expenditure | £0 | |
Company profit | £109,986 | |
Corporation tax | £20,897 | |
Distributed profits | £89,089 | |
Tax Calculations | Taxable Income (salary + net dividend) | £89,089 |
Employees NI | £0 | |
PAYE | £0 | |
Additional tax on dividends (1st share) | £15,366 | |
Additional tax on dividends (2nd share) | N/A |