Excel Spreadsheet

Income Tax Calculator

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Description

This is an example of income tax calculator. This document is useful for calculating income tax.

Reviews
Income Tax Calculator Permanent Employee (PAYE) Gross Income Expected Expenses Net Income Tax Rate Band 19.50% 0-38000 33% 38001-60000 39% 60001Tax: % of Gross Income: % of Net Income: 65238 0 65238 Company Self Employed 65238 15000 50238 65238 15000 50238 7410 7260 2042.82 16712.82 26% 26% 16578.54 7410 4038.54 0 11448.54 18% 23% 16578.54 25% 33% Note: there are other factors to consider - e.g. contractors get a premium on their rate, ACC costs, etc
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