The information provided on this site is for illustrative purposes only and the calculations have been made based on the information you have provided. The results are an estimate of your self-employment Income Tax liability and estimated National Insurance Contributions for the tax year selected. Always consult a qualified specialist before making any major financial decisions.
0% Income tax
Your self-employment profits in this tax year should fall below your personal allowance. This means you probably won’t need to pay tax on your sole trader profits. You also may need to pay other taxes on other types of income, as well as National Insurance Contributions.
Maximise your tax savings
QuickBooks makes it easy to keep accurate records of your expenses, so you never pay more Self Assessment tax than you need to.
- Scan your bills and receipts — we’ll extract the data then make a match with your expenses
- Securely connect your bank to get all your transactions automatically imported
- Always be ready for Self Assessment with all your financial information in one place
This year, save hours of admin and lose the piles of paper when you manage your expenses with QuickBooks.