Self-employed vs limited company
⚖️ Core Comparison
- Side-by-side comparison of tax liability (sole trader vs. limited company)
- Tax Year 2025/26 specific calculations
- Real-time calculations for instant comparison
- Tax optimization tool to identify the most tax-efficient structure
💰 Input Options
- Gross profit input field for total profit before tax
- Adjustable Director's Salary (default £12,570)
- Quick select salary buttons (£5,000, £6,500, £12,570)
- Automatic Dividend Amount calculation based on remaining profit
🚨 2025/26 Tax Updates
- Prominent banner for key tax changes
- Highlights Employer NI increase (15%) and threshold reduction (£5,000)
- Notifies about Class 2 NI voluntary status
- Details Dividend Allowance (£500) and Corporation Tax Marginal Relief
📊 Results Display
- Clear winner display (e.g., "Higher Tax with Limited Company")
- Shows exact (£) and percentage (%) tax differences
- Color-coded results for quick understanding
- Side-by-side breakdown cards for each scenario (Take Home highlighted)
📈 Visual Analytics
- Detailed tax breakdown table for line-by-line comparison
- Income, Corporation Tax, Personal Tax, NI, and Dividend Tax sections
- Tax breakdown pie charts for Self-Employed and Company Director
- Color-coded segments for Income Tax, NI, Corporation Tax, Dividend Tax, and Take Home
💾 Export Features
- "Save Scenario" button for future reference
- "Export PDF" button for professional reports
- Shareable results for accountant consultation
- Includes professional disclaimer for legal advice
🎓 Educational Value
- Learn tax differences between self-employed and company structures
- Transparent calculations for understanding tax mechanics
- Provides insights into optimal tax strategies
- Visual learning tools simplify complex tax concepts