|Are you self employed? If so you may want to know how much tax you’ll pay. We have created a newly updated tax calculator for the 2011/2012 tax year which will show you how much you can expect to earn after your tax and other adjustments have been taken into account. The self employed tax calculator will break down your net wage into yearly, monthly, weekly and daily amounts so that you can budget for how much of your wage you can actually take home at the end of the day. If you have any questions on how to use the calculator, please ask in the comment section below.:|
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Self Employed Tax Calculator
Salary: - Enter your annual salary (the amount that you earn each tax year (6th April until 5th April the following year))
Age: - Choose from one of the three options.
Student Loan? – Check this box if you are paying back a student loan
Are you Blind? - Check this box if you are registered blind
National Insurance? - If you do not pay national insurance or do not want the calculator to factor in your NI payments, check this box.
Additional Allowances: - If you have any additional allowances you can enter them in this box.
Tax Code (optional): - You can use this box to enter your tax code, if you know it.