Work out tax on freelance income instantly with clear inputs, formula shown and shareable results.
Freelance income is taxed on receipts less allowable expenses, and self-employed social contributions apply on the same profit with no employer share. That combination is why the effective burden exceeds an employee's on the same money.
Freelance tax
Profit = receipts - expenses; charge = profit × (tax rate + contribution rate)
Tax figures are estimates based on the rates, caps and thresholds you enter. Real rules differ by jurisdiction and change every year, and personal circumstances alter the outcome. This is not tax or financial advice — confirm with a qualified adviser.
Costs wholly and exclusively for the business: equipment, software, travel, professional fees and a fair share of home costs.
Yes, in instalments once liability crosses the threshold, otherwise interest accrues on the shortfall.