NI/Paye Calculator
ContractorUK has provided you with a NI/PAYE calculator in order for you to calculate PAYE/NI on the salary that you pay yourself out of the limited company's turnover. It is common for contractors to pay themselves a very low salary to keep income tax and NICs to a minimum, taking the remainder of their income as dividends. For more on NI, PAYE and other business taxation please click here.
Results:
Umbrella | Limited in IR35 | Limited | |
---|---|---|---|
Total Income | |||
Income Tax | |||
Employees National Insurance | |||
Employers National Insurance | |||
Total National Insurance | |||
Corporation Tax | |||
Total Tax | |||
Average Tax | |||
Net Income After Tax | |||
Est. Improvement Over Umbrella |
Sponsored by Intouch Accounting, ContractorUK’s Calculator Partner.
If you need an accountant or are thinking of switching accountants please complete the enquiry form below.
Your enquiry will be sent to ContractorUK’s Calculator Partner Intouch Accounting who will contact you to discuss your accounting needs. For more information on how this data will be used, you can read Intouch Accounting's Privacy Policy.