UK Sole Trader Take-Home Calculator (2026/27)

Assumptions (2026/27)

• England, Wales & Northern Ireland rates (not Scotland, which has different income-tax bands).
• Personal allowance £12,570, tapered by £1 for every £2 of profit above £100,000.
• Income tax: 20% basic to £50,270, 40% higher to £125,140, 45% additional above.
• Class 4 NI: 6% between £12,570 and £50,270, 2% above (rates change — verify for 2026/27).
• Excludes: Class 2 NI, student-loan repayments, pension contributions, dividends, and any other income.
• “Profit” means income after allowable expenses — see our allowable expenses guide (if published) and records guide.

These figures are estimates for planning only. Tax bands and NI rates can change and depend on your circumstances — always confirm against GOV.UK or an accountant before relying on them. Not tax or financial advice.

Keeping the numbers real

Your take-home depends on getting profit right — capturing every allowable expense and keeping clean records for Making Tax Digital. If you're choosing software, our Zoho Books review and free vs paid comparison are good starting points. New to MTD? Start with the MTD checklist.