Contractor Take Home Calculator
Description
Take home pay calculator for contractors working in the UK. Interactively change your day rate, weeks worked, salary, pension and expenses.
Real time calculation allows you to find your optimal salary/dividend split.
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Calculates revenue based on day rate and number of weeks worked
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Expense calculation including mileage expenses at both rates (above and below 10,000 miles a year)
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Calculates gross dividends based on revenue and expenses
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Calculates dividend tax based on gross dividends and available personal allowance (if not used by salary) at all tax bands
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Calculates income tax based on salary and available personal allowance (if not used by dividends)
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Calculates both employee (full and reduced rates) and employer contributions
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Outputs total take home after tax!
Product ID:
9NG4Z1MH2TD2
Release date:
2017-02-06
Last update:
2019-02-02