Self-Employed Tax

PayToolkit's self-employed tax articles: practical UK tax guidance, worked examples, and links to the right free calculator for each topic.

Going self-employed changes almost everything about how you're taxed: no PAYE doing the maths for you, Class 2 and Class 4 National Insurance to factor in, and a tax bill that lands months after the income does. Our Sole Trader Tax Calculator works out Income Tax and NICs together so you can see your real take-home from day one, and the Sole Trader vs Limited Company Calculator helps if you're weighing up incorporating.

Wondering whether Payments on Account will apply to your first tax bill? Check whether you'll need Payments on Account before it catches you out. And whatever your trade — gig work, a side hustle alongside employment, or full-time self-employment — the Gig Driver Tax Calculator and PAYE + Side Hustle Tax Calculator cover the common combinations.