Work out presumptive taxation instantly with clear inputs, formula shown and shareable results.
Presumptive taxation deems a fixed percentage of turnover to be profit, removing the need for detailed books and audit. Digital receipts attract a lower deemed rate than cash, which is a deliberate incentive.
Presumptive tax
Deemed income = turnover × presumptive rate; tax = deemed income × 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.
Only if your real margin exceeds the deemed rate. A low-margin business pays tax on profit it never made.
No. The deemed rate is after all expenses and depreciation, which is the simplification.