My UK Calculator

UK Self-Employed Tax Calculator

Estimate your income tax and Class 4 National Insurance on self-employment profit.

Net Profit After Tax & NI

£32,868.20

Income tax
£5,486.00
Class 4 NI
£1,645.80
Total tax & NI
£7,131.80
Tax year
2024/25

Assumptions

How it's calculated

Taxable income = profit − Personal Allowance, taxed progressively. Class 4 NI is charged on profit above the lower profits limit.

Worked example

£40,000 in annual profit has income tax and Class 4 NI calculated, shown live above.

Frequently asked questions

Does this include Class 2 NI?

No — Class 2 NI is a smaller flat weekly amount with its own rules and is not modeled here.