Estimate your Self-Assessment tax bill in 30 seconds.
Sole trader profit in; Income Tax + Class 4 NI out. Includes the £12,570 personal allowance and Class 2 small-profits threshold.
Estimated tax bill£6,482Income Tax + Class 4 NI · profit £37,500
- Self-employed profit£37,500.00
- Income Tax£4,986.00
- Class 4 National Insurance£1,495.80
- Total Self-Assessment liability£6,481.80
Class 2 NI is voluntary for most self-employed people from 2024/25 onwards. This calculator assumes you've taken your full annual exempt amounts and that you're not Scottish (Scottish bands available in the Income Tax calculator).
Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000
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