Contractor calculators

[oraclesmith]

I had a go at the brollie one. I wonder if it takes into account higher rate tax - ie. assumes you are earning that fee for a whole year.

[LisaContractorUmbrella]

I had a go at the brollie one. I wonder if it takes into account higher rate tax - ie. assumes you are earning that fee for a whole year.

Hi guys. Yes, our calculator does take the higher rate tax into account. We have based it on the standard tax code for the year i.e. 503L and it assumes full tax free allowances. Obviously you will need to enter expenses as well as rate to ensure an accurate calculation. Hope this helps