Self Employed Income Tax Calculator

Self Employed Income Tax calculations based on tax year 2024.
* This Calculator is designed for people with PAYE and additional Self Employed Income

Sales

Sales / Receipts / Turnover:

Total Sales

Cost of Sales

Opening Stock Value

Stock Purchases for year

Less Closing Stock Value

Cost of Sales

Gross Profit

Costs

Rent

Salaries

Light & Heat

Petrol & Diesel

Motor Leasing Costs

Other Motor Costs

Telephone

Professional services

Printing, Postage & Stationery

Repairs & Renewals

OTHER COSTS, Bank Interest & Charges

Total Costs

Net Profit

Assuming the 40% tax rate applies
Income Tax 40%

PRSI 4%

USC 8%

Total 52%

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