Self-Employed Tax Calculator

Calculate your tax bill as a freelancer or self-employed for the 2025/26 tax year.

Total income minus allowable business expenses

£

Results

Gross Profit£60,000.00
Income Tax-£11,432.00
National Insurance-£2,636.00
Total Tax Due£14,068.00
Net Income£45,932.00
Payments on Account

Due 31 Jan & 31 Jul (50% each)

£7,034.00

Tax Breakdown

Personal Allowance£12,570.00
Taxable Income£47,430.00
Income Tax£11,432.00
Class 2 NI£179.40
Class 4 NI£2,456.60

Key Deadlines

31 Jan

File & Pay

31 Jul

2nd Payment

Updated for 2025/2026

UK tax year

Based on HMRC rates

Official tax bands

Estimates only

Not financial advice

About the Self-Employed Tax Calculator

Our self-employed tax calculator helps freelancers, sole traders, and contractors estimate their annual tax bill including income tax and National Insurance contributions. Understanding your tax liability is essential for effective cash flow management and avoiding unexpected bills at the end of the tax year.

The calculator uses your annual profit (total income minus allowable business expenses) to determine your income tax across all bands, Class 2 National Insurance (a flat weekly rate), and Class 4 National Insurance (calculated as a percentage of your profits). It also estimates your payments on account if applicable.

This tool is designed for self-employed individuals in England, Wales, and Northern Ireland operating as sole traders. If you operate through a limited company, you should use our dividend tax calculator instead. Always consult with an accountant for complex situations involving multiple income sources or international work.

Frequently Asked Questions