Sanzar Payment Solution

A leading UK website for contractors and freelancers | Updated:Thu, 20 Nov 2008, 10:35 GMT

Contracting Calculator - Results (outside IR35)

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Outside IR35?

Convert taxes to savings. Up to 48% tax relief.

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  • Your gross annual revenue is £41,250
  • Deducting your expenses of £9,069 results in a profit of £32,180
  • Total taxes are £6,886, which is 16% of your company revenue
  • Your net annual income is £31,363, and net monthly income is £2,613
  • To earn the same via permanent employment would require a salary of £43,036.

Other relevant information:

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