How to calculate your Contract Income
Enter the average days you will work over one month, eg. 20 - 21 days.
Do not enter the number of days you expect to work over the entire course of the contract.
If you think you will incur business expenses, you can input business expenses under Allowable Expenses and see how they affect your Net Pay as a Contractor.
If you're new to Contracting, it can be difficult to know what you can and can't claim for. Don' worry as you'll be assigned a Payroll Account Manager who'll will be on hand to help and ensure you recieve all entitlements and make the most of your Contract income.