Tax Explained

Tax Explained

To help contractors and freelancers we've put together a description of basic tax terms and how they affect freelancers and contractors.

IR35

IR591

Section 660A

National Insurance Contributions (NICS)

Pay As You Earn (PAYE)

Value Added Tax (VAT)

 

Enter your details below to find out how much better off you could be with Career Management Ltd
Salary £
Miles per day
Other expenses £ per month
Tax code (ignore letters)
Second person on payroll Yes No
Usual take home pay £
Take home pay with CML £
Saving per year £
Saving per month £
Introduce someone to us and earn £50