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% CHANGES TO NET INCOME-SINGLE SELF EMPLOYED

Self employed single people who have relatively low earnings have been hit hard by the Budget. However high earners have got off lightly with the increased tax take reducing the higher the earnings!

Gross income Total change Change as %


pa
of Net income
10,000 –           480 -5.3%
15,000 –           729 -5.8%
25,000 –           999 -5.2%
35,000 –           220 -0.9%
45,000 –       1,155 -3.8%
55,000 –       1,355 -3.9%
75,000 –       1,755 -4.0%
100,000 –       1,506 -2.7%
125,000 –       1,256 -1.9%
150,000 –       1,006 -1.3%
175,000 –           755 -0.9%

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