Required MRR
See what you actually take home from your MRR after platform fees, business costs, and tax. Or find the MRR you need for a target income.
£
5 paying customers
▾
▾
GBP
%
Stripe Fees £151
Standard (1.5%)
£150
Transaction fees (GBP 0.2/txn)
£1
VAT (Value Added Tax) £1,667
VAT collected at 20% Revenue exceeds £90,000 threshold. Prices assumed VAT-inclusive.
£1,667
Business Expenses (Monthly) £325
Accounting Software
£25
Coworking Space
£300
Self-employed individual trading under their own name or a business name. Simplest structure with personal liability.
Taxes & National Insurance £2,357
Income Tax
£2,096
Class 4 National Insurance
£262
Optimization:
Consider a Merchant of Record for VAT
Your revenue exceeds the VAT threshold. A Merchant of Record like Paddle handles VAT collection and remittance, simplifying compliance.
Fees 2% Expenses 3% Tax 40% Take-Home 55%
Net Take-Home £5,500 /mo £65,998 /yr