Your results
- Your gross annual revenue is £48,000
- Deducting your expenses of £2,400 results in a profit of £34,600
- Total taxes are £11,428, which is 23.81% of your company revenue
- Your net annual income is £31,171, and net monthly income is £2,597
- To earn the same via permanent employment would require a salary of £38,405
Other relevant information:
Solutions for Contractors:
Check your IR35 Status for FREE
Use IR35 Shield to check your status NOW!
