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Deemed Payment Calculator - Results

Your Details:
Hourly rate	£25
Hours per week	37.5
Weeks per year	44
Salary	£6,000
Legitimate section 98 expenses	£3,000
Pension contributions	£0
Other income	£0
Tax code	603L
Company Income:
Contract revenue	£41,250
Other income	£0
Total revenue	£41,250
Company Expenditure:
Allowable Expenses 5%	£2,062
Employers N.I. on salary	£69
Salary	£6,000
Legitimate section 98 expenses	£3,000
Pension contributions	£0
Total expenditure	£11,131
Net Result (Effective Income)	£30,118
Additional Employers NI Due 19th April	£3,417
Deemed payment	£26,700

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