Tool
Self-employed tax calculator
Estimate the income tax and Class 4 National Insurance due on your self-employment profits. Based on the same verified figures as our Tax Tables.
£
Your taxable profit: business income minus allowable expenses.
England, Wales and Northern Ireland rates. Scottish income tax rates are different and are not included here.
Enter your profit to see your estimate.
What this includes
- Income tax bands and rates (England, Wales and NI)
- Personal Allowance taper above £100,000
- Class 4 National Insurance at 6% and 2%
- Student loan repayments (Plans 1, 2, 4, 5 and postgraduate)
What this does not include
- Scottish income tax rates
- The £1,000 trading allowance and capital allowances
- Pension contributions and Gift Aid
- VAT and payments on account
This tool is illustrative only and is not tax advice. Your circumstances may change the result. Check current figures on GOV.UK, and see our Tax Tables for the full detail.
Know the estimate. Change the outcome.
MyTaxFiling turns this estimate into a live picture, updating as you record income and expenses through the year.