How it works?
Our Residual Income Tax (RIT) calculator makes optimising a taxpayer’s tax position easier than ever, saving you valuable time during the busy tax season. You can forget about manual calculations to determine what needs to be purchased, swapped or transferred because the RIT Tool does it all for you. It even takes into account payments made to Inland Revenue. Our latest enhancements to the tool provide four payment options, offering ultimate flexibility.
To use it, simply go to your Tax Traders dashboard, click on the RIT Tool and input the necessary variables. Then let the calculator create the transfers, swaps or purchases needed to settle your client's liability in the most economic way possible.
How To Use It
RIT Tool in more detail
Learn more about managing tax payments online
If you have any questions, call us on 0800 TAX TRADERS (829 872) and we’ll be happy to show you how we can make things simpler for you.