Sole traders
Help for sole traders and the self-employed
Work out what you'll pay, whether a limited company would save you money, and find an accountant who works with businesses like yours.
- Estimate income tax and National Insurance on your profit
- Compare sole trader and limited company take-home
- Get ready for Making Tax Digital
- Find an affordable accountant or bookkeeper
Work out where you stand
Income minus allowable business expenses
£
Optional. Pushes your profit into higher bands.
£
Your estimate
£29,168
take-home a year, about £2,431 a month
Profit£35,000
Income tax£4,486
Class 4 National Insurance£1,346
Total tax and NI£5,832
Effective rate16.7%
For guidance only, not tax advice. Based on 2026 to 2027 rates, last checked 3 November 2026.
Accountants who specialise in sole traders
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