Overview
Tool for estimating income and national insurance tax for self-employed workers in the UK. The calculator can be adapted to other tax jurisdictions. Key outputs include: A tax summary table including taxable profits, taxes owed (income taxes and national insurance), effective tax rates, take home pay annually, monthly, weekly and daily. Template uses cash basis accounting. It is up to you as the individual to ensure that you pay the right amount of tax and keep appropriate records.
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