Work out business income tax instantly with clear inputs, formula shown and shareable results.
Business income is revenue less allowable expenses and depreciation. Depreciation is a real deduction even though no cash leaves, which is why taxable profit routinely differs from cash generated.
Business income tax
Profit = revenue - expenses - depreciation; tax = profit × rate
Tax figures are estimates based on the rates, caps and thresholds you enter. Real rules differ by jurisdiction and change every year, and personal circumstances alter the outcome. This is not tax or financial advice — confirm with a qualified adviser.
Depreciation, provisions and disallowed expenses all create differences between accounting, tax and cash.
No. Personal expenditure, penalties and cash payments above prescribed limits are commonly disallowed.