Shield for Contractors

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Company Calculations - Outside IR35

Your Details

Your Details Rate £611
Rate Type Daily
Hours per week
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 £86,965
Net Monthly Income £7,247
Company Income Contract revenue £137,619
Other income £0
Total revenue £137,619
Company Expenditure Expenses £0
Employers N.I. on salary £0
Salary £0
Pension contributions £0
Total expenditure £0
Company profit £137,619
Corporation tax £26,147
Distributed profits £111,471
Tax Calculations Taxable Income (salary + net dividend) £111,471
Employees NI £0
PAYE £0
Additional tax on dividends (1st share) £24,506
Additional tax on dividends (2nd share) £

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