Limited Company Contractor Calculator
Estimate company tax and personal extraction where payments are not treated as deemed employment income.
Your estimated taxable turnover is above the current VAT registration threshold. VAT registration may be required.
Assumptions and limitations
One 100%-owning shareholder/director, no associated companies, no other company income, and all post-tax profit distributed. Employer pension is assumed deductible for this estimate. Corporation Tax uses the financial year from 1 April 2026 and assumes the accounting period falls wholly within it. Annual estimates use standard annual National Insurance thresholds. Class 2 is not deducted: profits at or above £7,105 are treated as paid, while voluntary Class 2 below that level is optional. This model excludes umbrella margin, Apprenticeship Levy, benefits, capital allowances, VAT schemes, CIS, overseas residence and other specialist circumstances.
This calculator provides estimates based on the selected assumptions and published UK tax rates. It does not determine employment status and is not tax, accounting, legal, or financial advice. Actual liabilities may differ based on your circumstances.