How much tax will I pay?

[Chatterbox Childcare]

This question is constantly put on here and the HMRC have brought out a page called Ready Reckoner 2012-2013.

www.hmrc.gov.uk/tools/sa-ready-reckoner/index.htm

You put in how much profit you expect to make in a week or month and it gives you the yearly profit and tax and ni due

You could do this each week if you wanted to...

[loocyloo]

:D thank you

thats really interesting. :D

[pillows]

Thanks for sharing :)

[wendywu]

Ohhhhhhh i love it, what a handy tool. Thank you :clapping:

[miffy]

Thank you :thumbsup:

Miffy xx

[angeldelight]

Thanks Debbie

Angel xx

[Toothfairy]

Thanks, that's handy :thumbsup:

[Carol M]

Thank you Debbie.
Carol xx

[MrAnchovy]

Wow, I didn't realise there was so much demand!

I have a tool on my site (http://www.mranchovy.com/calc/) which only works for employees at the moment, but I am updating it at the moment so will definately add one for self employed too.