Limited Company Take Home Pay Calculator
One of the biggest considerations when deciding whether or not to trade as a limited company, is to calculate your potential financial situation in either
case. It is likely that this will be a major factor in whether you wish to make the transition or not, you can use our calculator to give you an idea of just how much your next job could be worth.
We have plenty of other resources to help you to work out whether going Limited is right for you, with clear explanations of how you could benefit from trading as a Limited company and the potential savings that could be available to you, you are bound to find something of use. Some of these pages are:
- Sole trader or limited company
- Self employed to limited
- Limited company FAQs
- Advantages of going limited
- Disadvantages of going limited
The calculations assume a certain level of tax planning, which may be easier to manage if you have an accountant. Speaking to an experienced accountant about your decision to go Limited is always a good idea to help you to calculate any tax savings that you could take advantage of as well as any schemes or tax breaks available to you in your Limited company.
Usually, trading through a Limited company allows you to take home between 75 and 80 per cent of your pay, so for a little extra work every month, you can make significant savings on your bills and increase your earnings.
If you would like to speak to an accountant today, please call us on 0500 234111 / 01442 275767 or email firstname.lastname@example.org.