Tax Bathtub 2010 11

18
Tax Bathtub 2010-11 (Sole trader)

Transcript of Tax Bathtub 2010 11

Page 1: Tax Bathtub 2010 11

Tax Bathtub 2010-11(Sole trader)

Page 2: Tax Bathtub 2010 11

Tax Bathtub 2010-11(Sole trader)

Page 3: Tax Bathtub 2010 11

Tax Bathtub 2010-11(Sole trader)

Page 4: Tax Bathtub 2010 11

TAX

Tax Bathtub 2010-11(Sole trader)

Page 5: Tax Bathtub 2010 11

TAX NI

Tax Bathtub 2010-11(Sole trader)

Page 6: Tax Bathtub 2010 11

TAX NI

£75K

£50K

£25K

£100K

£150K

£125K

Page 7: Tax Bathtub 2010 11

TAX NI

Clas

s 2 N

IC

£75K

£50K

£25K

£100K

£150K

£125K

Page 8: Tax Bathtub 2010 11

TAX NI

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Page 9: Tax Bathtub 2010 11

TAX NI

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Page 10: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Page 11: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

Page 12: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

£43,875 to 150K – 40%(affects 10% of earners in UK)

Page 13: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Personal allowance reduced pro-rata

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

£43,875 to 150K – 40%(affects 10% of earners in UK)

Page 14: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Personal allowance reduced pro-rata

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

£43,875 to 150K – 40%(affects 10% of earners in UK)

Over £150K – taxed at 50%(affects 1% of earners in UK)

Page 15: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

£150K

£125K

Personal allowance reduced pro-rata

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

£43,875 to 150K – 40%(affects 10% of earners in UK)

Over £150K – taxed at 50%(affects 1% of earners in UK)

Page 16: Tax Bathtub 2010 11

TAX NI

£6,475 - Pers Allowance

Clas

s 2 N

IC£2

.40

per

week

£75K

£50K

£25K

£100K

Class 4

8%!

£150K

£125K

Personal allowance reduced pro-rata

The next £37,400 taxed at 20%

(up to £43,875 before business allowances)

£43,875 to 150K – 40%(affects 10% of earners in UK)

Over £150K – taxed at 50%(affects 1% of earners in UK)

Page 18: Tax Bathtub 2010 11

David Thomas Media 2010 Sole Trader

[email protected]

“Sole Trader Survivors”

@davidowenthomas