This calculator allows you to work out how much you need to sell your business for
Step 1: A House
Step 2: Add additional items
Step 3: How much will you spend each year?
Step 4: How much income is that before tax?
|Band||No. of earners||Total Band||Tax Rate||Post Tax||Pre Tax|
Note: National Insurance is ignored since income will be unearned.
Step 5: How much capital is that?
Step 6: Deduct Current Savings/Financial Assets
Step 7: Deduct Expected Inheritances
Step 8: Calculated Value of Business
Sum of steps 1-7 gives NET value required from business