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Making Tax Digital for Income Tax is live

What will your 2026/27 tax bill actually be?

A free calculator for UK sole traders and landlords. Get your Self Assessment estimate, the amount to set aside each month — and find out whether Making Tax Digital applies to you yet.

Your figures

Nothing is sent anywhere. This runs entirely in your browser — there is no account, no email, and no data leaves your device.

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Other income, pension, student loan
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Your estimate for 2026/27

England, Wales & Northern Ireland rates. Updates as you type.

Set aside each month
£507.65
so the January bill never bites
Net profit
Total taxable income
Personal allowance
Income Tax
Class 4 National Insurance
Total tax & NI
Effective tax rate
Take-home after tax
Payment on account (each, Jan & Jul)

Need to actually keep the records, not just estimate the bill?

The Fableworks HQ MTD toolkit — the same verified maths, in spreadsheets you own.

See the toolkit — from £9 →

£9 each, or all four for £19. Instant download, 14-day money-back guarantee.

Want the dates too? See your MTD quarterly deadlines and add them to your calendar →

Drive for work? Work out your mileage claim at 55p/mile before you enter expenses →

Profits growing? Compare sole trader vs limited company take-home for 2026/27 →

Turnover heading past £90,000? Check whether you need to register for VAT →

Common questions

When do I need to register for Self Assessment?

If your self-employment income is over £1,000 in a tax year (the trading allowance), you must tell HMRC and register by 5 October following the end of that tax year.

How much tax will I pay on self-employment income?

Income Tax at 20%, 40% or 45% on profit above your personal allowance, plus Class 4 National Insurance on profit above £12,570. This calculator works out both for 2026/27.

What is the personal allowance for 2026/27?

£12,570. It's reduced by £1 for every £2 you earn over £100,000 and disappears entirely at £125,140.

When is the Self Assessment deadline?

Pay and file online by 31 January after the tax year ends. A paper return is due earlier, by 31 October.

Do I still pay Class 2 National Insurance?

Class 2 NIC is no longer payable if your profits are above the small-profits threshold — it's treated as paid. You still pay Class 4 on profit above £12,570 (6% up to £50,270, then 2%).

This is an estimate, not tax advice. It covers a sole trader or landlord on the standard UK-wide rates for 2026/27; Scottish Income Tax bands differ. It does not handle every situation — capital gains, dividends, marriage allowance or the high-income child benefit charge, for example. For anything complex, check gov.uk or speak to an accountant.