TaxScouts might not work with your browser. Upgrade here
Self-employed taxes,
minus the stress
Sorting your taxes should be simple. With TaxScouts, it is. Let us be your one-stop-shop for everything self-employed taxes. Click through the tabs for guides, free self-employed tax calculators, downloadable tax management tools and more.
Your situation
Tax and profit
- Total earnings£50,000£1,000 tax-free Trading Allowance?
- Tax to pay£10,994£7,286 income tax£159 class 2 National Insurance£3,549 class 4 National Insurance
- What you’re left with£39,006
How your income tax is calculated
When you’re self-employed, you have to pay your income tax and national insurance contributions yourself in your annual Self Assessment. Our calculator helps you quickly assess how much you owe.
However you may be eligible for a tax refund when:
- You already made tax payments for the year but your annual income ended up less than planned
- You have done things that qualify for a tax relief (made private pension contributions, given to charity, etc.)
In your case when you earn £50,000:
Income tax breakdown
You pay no income tax on first £12,570 that you make
You pay £7,286 at basic income tax rate (20%) on the next £36,430
National insurance contributions breakdown
No contributions on the first £9,568 that you make
You pay £3,549 in contributions (at 9%) on the next £39,432 that you make
You pay £159 in NI Class 2 contributions
Not found the info you need?
- What if my income is less than the Personal Allowance?
- What can you claim on your taxes for Uber?
- Esports tax: a guide to the basics
- CIS vs PAYE: how are construction workers paid?
- CIS refunds – most common questions answered
- What can delivery drivers claim on tax?
- How to pay tax as a Hermes self-employed courier
- 7 tax tips that every Deliveroo rider should know
- Is the teacher tax rebate genuine?
- How is self-employed cash in hand work taxed?
- What is self-employed teacher tax?
- The basic artist tax advice for the music industry
- How to do a musician tax return
- How to get a CSCS card
- Is a fitness instructor an independent contractor?
- How do the Carer’s Allowance NI credits work?
- Where does a freelance personal trainer work?
- What is CSP tax?
- How much can a locum doctor earn?
- How to reclaim NHS pension
- How to avoid paying US tax from Amazon self-publishing (UK)
- How much do illustration artists make?
- Do you owe tax from selling on Depop?
- How to pay taxes as a screenwriter
- Can a freelance artist claim unemployment benefits?
- Is a tattoo artist self-employed?
- Managing tax as a self-employed makeup artist
- Tax Guide: Amazon seller UK
- How is tax different for film industry jobs?
- The tax guide to sell on Etsy
- How do I pay tax as a videographer?
- What taxes does a freelance photographer pay?
- What tax do I pay as a freelance writer?
- What tax do you pay if you sell on eBay?
- The Trading Allowance: how to do away with receipts
- Class 4 National Insurance: how much do you need to pay?
- Class 2 National Insurance: who needs to pay it?
- How to register for CIS
- How does the Construction Industry Scheme (CIS) work?
- Self-employed accounting guide
- Self-employed: cash basis or traditional accounting?
- Self-employed: which expenses can you claim?
- Self-employed: how to pay National Insurance
- What taxes do self employed have to pay?
- Setting up as a sole trader: frequent questions
Top tax tip for locums 💡
Did you know that if you may be able to claim back your laundry expenses for cleaning your work uniform? There’s a flat rate expense for uniform in the 2022/23 tax year.
How do expenses work?
Not 100% how to tackle expenses? Watch this 10(ish) second video to learn the basics: what they are, how to claim them, and what you can claim.
Get your tax toolkit
Stay on top of self-employment tax with our Tax Return Toolkit. Get a template spreadsheet to format and record your income and expenses for the tax year, check out our Spotify playlists to motivate you for tax filing, or download our tax deadline calendar straight into your Gmail.
Self-employed invoice and expenses template
Download template
Songs to help you focus
Listen now
Tax deadline calendar
Download calendar
Got a tax-related problem?
We can help. As well as filing your tax return, we also offer one-off tax advice from an accredited accountant. Totally remote, no strings attached.
Book a tax advice consultation for 1-1 professional support by phone or video call. £119, all in. Learn more.
Want regular tips from us?
Sign up for important updates, deadline reminders and basic tax hacks sent straight to your inbox.
"*" indicates required fields