Why is my Scottish result different from an English one?

Scotland sets its own bands: six of them in 2026/27, from 19% to 48%. Below roughly 30,000 you pay slightly less than in England; above the 43,663 higher-rate threshold you pay noticeably more.

Does this include payments on account?

No. This is the true tax on the year. How you pay it (balancing payment plus two payments on account) is cashflow, and our payments on account planner models that part.

What happened to Class 2 National Insurance?

Since April 2024 it is no longer charged. Above the small profits threshold you still get your state pension credits; below it, paying voluntarily can protect your record.

United Kingdom

Sole trader take-home calculator

Enter your profit and see what actually lands after income tax and Class 4 National Insurance, with the personal allowance taper above 100,000 and Scotland's six bands handled properly.

Your year

Annual profit

Self-employment income minus allowable expenses.

Where you pay income tax

What is left

Take-home£40,268a year

Per month: £3,356
Income tax: £7,486
Class 4 National Insurance: £2,246
Effective rate: 19.5%

Estimate

Total tax by profit, 2026/27: Scotland against the rest of the UK

workingfigures.com/uk/take-home

Formula

take-home = profit − income tax(profit − personal allowance) − Class 4 NI. Allowance 12,570, tapered £1 per £2 above 100,000. Class 4: 6% between 12,570 and 50,270, 2% above.

Assumptions

Sole trader with no other income, no pension contributions or Gift Aid, standard personal allowance. Class 2 is no longer charged. Scottish rates apply to non-savings income only; the calculator treats all profit as such.

Tax year 2026/27 · rates verified 2026-08-21

FAQ

Why is my Scottish result different from an English one?: Scotland sets its own bands: six of them in 2026/27, from 19% to 48%. Below roughly 30,000 you pay slightly less than in England; above the 43,663 higher-rate threshold you pay noticeably more.
Does this include payments on account?: No. This is the true tax on the year. How you pay it (balancing payment plus two payments on account) is cashflow, and our payments on account planner models that part.
What happened to Class 2 National Insurance?: Since April 2024 it is no longer charged. Above the small profits threshold you still get your state pension credits; below it, paying voluntarily can protect your record.