Free tool

Sole Trader Take-Home Calculator

Find out exactly how much you take home after tax as self-employed.

Your income

£
£

Your results

Annual take-home
£28,316
Monthly take-home
£2,360
Gross income£40,000
Less expenses– £5,000
Taxable profit£35,000
Income tax– £4,486
NI Class 2– £179
NI Class 4– £2,019
Effective tax rate19.1%

Income breakdown

Monthly budget

£2,360

This is your monthly take-home after all deductions. Set aside at least 25–30% of each payment for your Self Assessment bill.

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The Business OS tracks your income, expenses, and estimated tax in real time.

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