WHow does the employed and self-employed calculator work?

Our employed and self-employed calculator gives you an estimated income and national insurance tax bill based on your annual gross salary, self-employment income, self-employment expenses and pension contributions. That way you can plan your finances with more confidence.

How are my taxes calculated if I’m employed and self-employed?

If you’re an employee, your income tax and national insurance contributions are generally deducted from your salary before you receive it. However, if you’ve earned over £1,000 from self-employment, you may need to submit a self-assessment tax return and pay income tax and national insurance on this income.

I’m self-employed. Should I have a pension?

Pensions are an efficient way to invest for everyone, not only salaried staff. Between putting all your time into developing a business, finding clients and doing the work you find rewarding, setting up a pension may not seem like a priority. But think of it this way: why risk facing a less comfortable retirement simply because you're self-employed?

What’s the best option for a self-employed pension?

Self-employed incomes tend to fluctuate, and so it’s vital you have the option to pay more, less or not at all. Personal pensions allow you to do just that, but there are many types of pension within this category to choose from.

Employed and self-employed tax calculator

Use our income tax calculator to find out how much income tax and national insurance you could expect to pay, as well as the impact this could have on your pension.

Your results

Total income
Income tax on all income
National Insurance on employed pay
National Insurance on self-employed pay
Take home pay

Pension contributions

Your contributions to your pension
Total contributions to your pension

Explore pensions

Find out more about tax and pensions

Tax relief on pension contributions

Using financial advice to become tax efficient

How to avoid the 60% tax trap

Pensions for self-employed

Speak to our experts about tax allowances

Whether you're an employee or work for yourself, we’re here to answer any questions you have about making the most of your tax allowances, savings, investments, and pensions.

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Other useful investment and tax calculators

Need help estimating your investment and tax calculations? We have a range of calculators available to help you gain clarity over your finances and plan for future investments. These calculations are for illustrative purposes only, but you can book a free call with our expert team anytime to discuss your goals and gain more detailed financial guidance.

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Capital Gains Tax calculator

Estimate how much tax you owe on your taxable assets.

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As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. These calculations are based on a number of assumptions, are for illustrative purposes only and do not constitute tax advice or recommendations. For personalised advice tailored to your specific situation please consult with a qualified tax adviser. Tax rules vary by individual status and may change. If you are unsure if a pension is right for you, please seek financial advice.