How would I calculate my Zakah as I am self-employed ?

Fatawa Question

How would I calculate my Zakah as I am self-employed ? I am a locum Pharmacist and work as a limited company. My wages gets paid into my company account and not directly into my current account and as a self-employed person the fees I get paid are a gross amount which are liable to tax and statutory deductions. I am unsure as to how I should calculate my Zakah because my Zakah anniversary will invariably occur when I’ll have money in my accounts (current and company account) which hasn’t yet been subjected to tax or state deductions.

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2011-08-06

Country of Publication

United Kingdom

Main Subjects

Religion
Law
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-727367

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-06. How would I calculate my Zakah as I am self-employed ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727367

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). How would I calculate my Zakah as I am self-employed ?. Manchester England : al-Qalam Shariah Scholar Panel. 2011-08-06.
https://search.emarefa.net/detail/BIM-727367

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-06. How would I calculate my Zakah as I am self-employed ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727367