Your earnings...
Here is an example of how TaxMax can help you
earn more:
Under PAYE
Rate per hour
Hours per week
Gross income
National Insurance
Tax on salary (PAYE)
Net income per week |
£ 15
40 hours
£ 600
(£ 44)
(£ 121.19)
£ 434.81 |
You will earn £ 434.81
Under the TaxMax structure
the rate per hour will be increased by 10%, this being the NI that your agency no longer
has to pay
Rate per hour
Hours per week
Gross income
Administration charge
Corporation tax @ 21%
Net income per week
|
£ 15+
£ 1.50 = £ 16.50
40 hours
£ 660
(£ 18)
(£ 138.60)
£ 503.40 |
Your income will be distributed as follows:
Net divident
Salary
|
£ 442.41
£ 60.99 |
You will earn £ 503.40
This is an increase of £ 68.59 per week
or £ 3566.68 annualised
We are here to help you earn
more.
To maximise your income, contact us now.
Taxmax Head Office
Spirit House, 48a Queens Road
Hersham, Surrey KT12 5LP
Tel: 0870 088 7056 * Fax: 0870 088 7057
email: info@gandco.net
Taxmax Reigate Office
59 Reigate Road, Reigate
Surrey RH2 0QT
Tel: 0870 088 7056 * Fax: 0870 088 7057
Taxmax Hounslow Office
1st Floor, Pinnacle House, 31 Cross Lances Road
Hounslow, Middlesex TW3 2AD
Tel: 0870 088 7056 * Fax: 0870 088 7057
Taxmax Sussex Office
128-130 High Street, Hurstpierpoint
West Sussex BM6 9PX
Tel: 0870 088 7056 * Fax: 0870 088 7057
For information on other types of accountancy
services
please visit our sister companies' websites:
Accountancy Online - online accountancy services
Forensic services - forensic accountancy services
G & Co - general accountancy services
