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Calculators

On the left hand side in the menu you will see a list of calculators we have developed to help you understand the tax consequences of certain decisions.

123 Dividend Calculator

The first calculator is our 123 Dividend Calculator which shows you how much personal income tax you can expect to pay in the tax year based on all your income - it will help you to decide if you want to take that extra dividend or not as you will know how much tax you will have to pay on it.

123 Take Home Calculator

The second calculator is our 123 Take Home Calculator, this shows you how much you should expect to take home from any contract and compares this take home against what you would receive if you were contracting through an Umbrella Company, as a Sole Trader or if you stayed or returned to standard employment.

We will be adding more calculators as the year goes on so do check back. If there is a particular calculator you would like to see then please do give us a call on 0845 834 0269 or drop us an email at info@123contracting.co.uk and we will happily build it for you.

Disclaimer:

This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.