Inputs
Simple assumptions only for this first version.
Profit and tax year
When a tax year is selected, it is used directly. Year end is only used if tax year is blank.
Fixed assumptions
Director salary £12,570. Spouse salary £12,570 in the 50/50 scenario. No other income, no pensions, no loans.
Results
Net extraction after all modeled taxes.
| Scenario | Net | Total tax | Delta vs sole trader |
|---|