£15,000 profit self-employed: take-home 2026/27
Breakdown at £15,000 profit
| England | Scotland | |
|---|---|---|
| Profit | £15,000.00 | £15,000.00 |
| Income Tax | £486.00 | £461.70 |
| Class 4 National Insurance | £145.80 | £145.80 |
| Take-home per year | £14,368.20 | £14,392.50 |
| Take-home per month | £1,197.35 | £1,199.38 |
The England figures also apply in Wales and Northern Ireland. No Class 2 is due. Your profit is above the £7,105 threshold, so the year counts for your State Pension. Student loans add 9% of income above your plan threshold, for example Plan 2 above £29,385.
When you pay it
The Self Assessment bill is £631.80, under £1,000, so no payments on account are needed. It is due by 31 January after the tax year.
As a limited company instead
Paying yourself £12,570 salary and the rest as dividends, a company with the same £15,000 profit would leave you £13,559.57: £808.63 less than as a sole trader, after £245.96 corporation tax and £58.97 dividend tax. Try other options in the limited company calculator.
Have a job as well, expenses to enter or a student loan? Use the self-employed tax calculator.
Other profit levels
Frequently asked questions
How much tax do I pay on £15,000 self-employed profit?
£631.80 in 2026/27 with no other income: £486.00 Income Tax and £145.80 Class 4 NI. In Scotland it is £607.50.
How much should I put aside each month?
About £52.65 a month, or 4% of every payment you receive.
Is this before or after expenses?
After. Profit is your income minus allowable business expenses. Tax is only charged on profit.
Calculated with 2026/27 HMRC rates: Personal Allowance £12,570, Class 4 at 6% and 2%, Scottish bands for Scottish taxpayers. Updated 2026-11-04. General information, not tax advice.