2026/27 TAX YEAR

UK Self Assessment Tax Calculator

Estimate your self-assessment tax bill

Calculate income tax, National Insurance and take-home profit for the 2026/27 tax year.

Total income minus allowable business expenses.

£

Monthly profit before tax

£5,000.00

Estimated monthly net

£3,842.62

Common amounts:

Your estimated tax and take-home profit

Take-home profit
£46,111.40
Monthly£3,842.62
Weekly£886.76
Profit Before Tax
£60,000.00
Income Tax
£11,432.00
National Insurance
£2,456.60

Estimate based on self-employed profit for the tax year. Your actual tax bill may differ if you have other income or expenses.

Each payment on account

£6,944.30

Two instalments: 31 January and 31 July (each normally 50% of this year's Income Tax + Class 4 NI). Total payments on account: £13,888.60. May not apply if more than 80% of your tax is collected outside Self Assessment.

Tax Breakdown

Income

Personal Allowance£12,570.00
Taxable Income£47,430.00

Tax and National Insurance

Income Tax£11,432.00
Class 2 NI£0.00
Class 4 NI£2,456.60

Key Deadlines

5 Oct

Register

31 Jan

File & Pay

31 Jul

2nd Payment

About the Self-Employed Tax Calculator

Use this UK self-employed tax calculator to estimate your Income Tax, National Insurance and take-home profit for the 2026/27 tax year.

Enter your annual business profit after allowable expenses to see an estimate of your tax bill, Class 2 NI, Class 4 NI and net income.

The calculator can also estimate payments on account: two instalments (31 January and 31 July), each normally 50% of your Income Tax and Class 4 NI bill when that bill is £1,000 or more. They may not apply if more than 80% of your tax is collected outside Self Assessment.

This tool is designed for freelancers, sole traders and self-employed individuals in England, Wales and Northern Ireland.

Frequently Asked Questions