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2026/27 TAX YEAR

UK Self-Employed 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.

Payments on Account

£6,944.30

HMRC may ask you to pay this in advance towards next year's bill. Usually due in two instalments: 31 Jan and 31 Jul.

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 help you understand possible payments on account, which HMRC may ask you to pay in advance towards your next tax bill.

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

Frequently Asked Questions