Income Details

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Calculation Results

Limited Company Umbrella Company Self Employed
Total amount paid to you (annually)
Total amount paid to you (monthly)
Total amount paid to you (weekly)
Less additional tax on dividends * - -
Amount cleared by director after additional tax on dividends (annually) - -
Amount cleared by director after additional tax on dividends (monthly) - -
Amount cleared by director after additional tax on dividends (weekly) - -
Show Annual Calculation Breakdown
Total Income Excl VAT (annually)
VAT Registered
Flat Rate VAT Profit -
Less Expenses
Accounting fees
Insurance
Gross Salary **
Employer NI Contributions - -
Subsistence
Travel
Other Expenses
Net Profit Before Tax -
Corporation Tax - -
Net Profit After Tax - -
PAYE -
Employee Class 1 NI - -
Class 2 NI - -
Class 4 NI - -
Dividends Payable - -
Net Dividends - -
Net Salary -
Reimbursable Expenses
* The calculation for additional tax on dividends is a worse case scenario calculation. There are a number of ways shareholders can pay themselves more tax efficiently, e.g. retain dividends in the business, split shareholding with their spouse, contribute towards a pension fund, etc. If you sign up for our monthly Silver or Gold Product we will discuss and explain how the additional tax on dividends will affect you and options available to pay yourself as tax efficiently as possible.
** For directors of limited companies this is the most tax efficient salary amount. You can choose to pay a different amount, but please note that if you increase the amount suggested by us you will have to pay National Insurance Contributions on that increased gross salary amount. If you are inside IR35, or if you want to pay yourself a higher salary for any other reason, then we can increase the monthly gross salary amount for you.