⊖Finance Tools
Freelance Tax Buffer Calculator
Input your gross freelance or self-employed income and the tool calculates a recommended tax buffer (25–30% depending on income) covering self-employment tax, estimated federal income tax, and a state tax allowance. A simple safety net for independent workers.
Summary
Take-home
£48,211
Total tax
£11,789
Effective rate
19.6%
Income tax breakdown
Basic Rate (20%)£7,540
Higher Rate (40%)£1,892
Class 4 NI for self-employed (2024/25)£2,357
Estimates only. Consult a tax professional. State/local taxes, surcharges, and reliefs not included.