Contractor tax calculator for annual withdrawal of salary/dividends from your own LTD company for 2020/21 and 2019/20.
Get a view of your contractor tax situation outside and inside IR35
This tax calculator is for you, if you
--- are a contractor operating via UK LTD company
--- are your own employee of your company
--- are interested in knowing how taxes change from year to year
--- want a quick projection/view of salary & dividends budget change impact of HMRC tax year 2020 / 2021 vs. 2019 / 2020
--- want to estimate the total tax you will have to pay for company and individual combined based upon your scenarios. This includes corporation tax, employer NI, salary tax, employee NI
Salary tax applies to England, Wales and Northern Ireland.
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*** This calculator is for illustrative purpose only, and is not a substitute for professional advice.