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Company Calculations - Outside IR35

Your Details

Your Details Rate £400
Rate Type Daily
Hours per week
Days per week 5
Weeks per year 44
Salary £8,000
Legitimate section 98 expenses £3,000
Pension contributions £0
  Other income £0
Tax code 1257L
Dividend percentage 100%
Personal Income Net Annual Income £61,160
Net Monthly Income £5,096
Company Income Contract revenue £88,000
Other income £0
Total revenue £88,000
Company Expenditure Expenses £3,000
Employers N.I. on salary £0
Salary £8,000
Pension contributions £0
Total expenditure £11,000
Company profit £77,000
Corporation tax £14,630
Distributed profits £62,370
Tax Calculations Taxable Income (salary + net dividend) £70,370
Employees NI £0
PAYE £0
Additional tax on dividends (1st share) £9,210
Additional tax on dividends (2nd share) £

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