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citricsquid
on May 9, 2013
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Your heart attack bill: $3,300 in Arkansas, $92,00...
If you were earning £50,000 as a self employed person (after all expenses) the national insurance contributions would be less than the national insurance contributions of an employed person. For 2013/2014:
£50,000 Employee: Tax £9,822.00 NI £4,214.64
£50,000 Self Employed: Tax £9,822.00 NI £3,217.03
stickydink
on May 9, 2013
[–]
I hope you're not forgetting that 2 pounds 70 a week Class 2 NICS we self-employed get stung for. The horror!
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£50,000 Employee: Tax £9,822.00 NI £4,214.64
£50,000 Self Employed: Tax £9,822.00 NI £3,217.03