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IT-Contractor, small business sole trade tax calculator 2018-19

To calculate your sole trader tax liability

1. Enter your IT-contactor or small business sole trader net profit for the year 2018-19 in the box below.

2. Click the 'Calculate Tax' button to calculate your tax liability for the year 2018-2019.

Tax Calculation
Net profit	£0.00
Income tax	£0.00
Class 2 NI	£0.00
Class 4 NI	£0.00
Total tax	£0.00
Net profit after tax	£0.00

If you are Scottish tax payer, then your sole trader tax calculation will be as below.

Scottish Tax Calculation
Net profit	£0.00
Income tax	£0.00
Class 2 NI	£0.00
Class 4 NI	£0.00
Total tax	£0.00
Net profit after tax	£0.00

Sole trader tax calculations are based on below data

Income tax bands for 2018-19 (except Scotland)

Tax Bands
£1 - £34,500	20.00%
£34,501 - £150,000	40.00%
£150,001 - and above	45.00%

Income tax bands for 2018-19 for Scotland

Scottish Tax Bands
£1 - £2,000	19.00%
£2,001 - £12,150	20.00%
£12,151 - £31,580	21.00%
£31,581 - £150,000	41.00%
£150,001 - and above	46.00%