With ever more complex tax rules, it can be hard to estimate tax liability and determine whether incorporating would be cost effective. This calculator simplifies the basic calculation.
|Income tax 1|
|Corporation tax 3|
|Dividend tax 4|
|Total effective rate|
1 Including 50% phased-in 'Section 24' rules limiting mortgage interest relief to 20% for all taxpayers
2 For more information see ATED rules
3 Calculated at 19% rate on profit after ATED
4 Calculated using your marginal rate and assuming that you pay all post-tax profits out as dividends, and that you have previously used up your £2,000 dividend allowance
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