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Company Calculations - Outside IR35

Your Details

Your Details Rate £25
Rate Type Hourly
Hours per week 37.5
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 1250L
Dividend percentage 100%
Personal Income Net Annual Income £31,152
Net Monthly Income £2,596
Company Income Contract revenue £41,250
Other income £0
Total revenue £41,250
Company Expenditure Expenses £3,000
Employers N.I. on salary £0
Salary £8,000
Pension contributions £0
Total expenditure £11,000
Company profit £30,250
Corporation tax £5,747
Distributed profits £24,502
Tax Calculations Taxable Income (salary + net dividend) £32,502
Employees NI £0
PAYE £0
Additional tax on dividends (1st share) £1,350
Additional tax on dividends (2nd share) £

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