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.
£
13 paying customers
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▾
GBP
%
Stripe Fees £378
Standard (1.5%)
£375
Transaction fees (GBP 0.2/txn)
£2.5
VAT (Value Added Tax) £4,167
VAT collected at 20% Revenue exceeds £90,000 threshold. Prices assumed VAT-inclusive.
£4,167
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 £8,416
Income Tax
£7,909
Class 4 National Insurance
£507
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 1% Tax 50% Take-Home 47%
Net Take-Home £11,714 /mo £140,573 /yr