This is our brand new tax planning tool so you can prepare ahead and find the most money you can extract out of your business whilst paying the least tax and national insurance!
You can enter your expected/desired salary, trade profit or dividend income amount and clearly see the impact this has through income tax, national insurance and dividend tax. As this calculator is for 2022/23 it takes into account HMRC 1.25% increase to national insurance and dividend tax plus shows how these figures compares to the previous tax rates you can know how much more tax/national insurance you will be expected to pay in advance.
With the increase in living costs, make sure you're prepared by taking home the right amount to cover the costs and extra funds to cover the increased tax/national insurance.
The complete checklist on ensuring your logotype is truly representing your business for the value that you deliver!
Understand how to get started with TimeKeeper. Get your men on board and start keeping track of the hours that are going into your business!