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A leading UK website for contractors and freelancers | Updated:Tue, 02 Dec 2008, 00:01 GMT

Income Shifting Calculator

The Government is planning to introduce legislation to remove the tax advantages of family firms who share company profits (by splitting dividends). This is being called 'income shifting'.

To calculate the effect on your combined net income enter your details below and click calculate:

First salary £
Second salary: £
Profits before taxes: £
Dividend split: The main shareholder receives    percent.
   

*Contractors: To do a calculation based on your contract rate please use the Section 660 Calculator.

 

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