Total money coming in before deductions.(£4,167/mo)
Space rental, subscriptions, equipment, products, etc.
Set a target take-home
Relevant for Ltd: retain profit in the company
Based on UK 2026-27 tax year rates (from April 2026). Simplified estimate – not financial advice.
At your income level
Sole trader saves you more
You'd pay £1,224 less in tax per year
Key figures
£40,086
Sole trader (best)
£9,914
Sole trader (best)
Sole Trader
Self-employed
Includes Class 2: £182/yr
Effective tax rate: 19.8%
Limited Company
Director + dividends
£500 dividend allowance applied
Effective tax rate: 22.3%
Simplified estimates based on UK 2026-27 tax year rates (from April 2026). Does not account for VAT, student loans, or other personal circumstances. Consult a qualified accountant before making structural decisions.
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