Disclaimer

Last updated: April 2026

Not financial or tax advice

Indietax is an informational tool, not a regulated financial or tax advice service. Nothing on this website constitutes advice within the meaning of the Financial Services and Markets Act 2000, nor does it constitute tax advice regulated by HMRC or any professional body.

Indietax is not authorised by the Financial Conduct Authority (FCA) and is not a member of any regulated body such as the ICAEW, ACCA, or CIOT. The operator of this site is not a chartered accountant, chartered tax adviser, or regulated financial adviser.

Estimates only

All calculator results are estimates based on published HMRC rates and thresholds for the 2026/27 tax year (6 April 2026 to 5 April 2027) unless otherwise stated. Results may not reflect your exact tax liability due to factors including but not limited to:

• Scottish income tax rates and bands (where different from England and Wales)
• Multiple sources of income in the same tax year
• Prior-year losses carried forward
• Gift Aid, pension contributions affecting adjusted net income
• Capital gains tax
• Employment benefits in kind
• Foreign income or foreign tax credits
• Changes in HMRC practice, guidance, or interpretation
• Individual tax reliefs, allowances, or exemptions not covered by the tool

Rates and legislation

Tax rates, thresholds, and rules are reviewed annually following the Budget and updated ahead of each new tax year. Despite our best efforts to maintain accuracy, we cannot guarantee that all information is correct at the time you access it. Always verify critical figures against HMRC’s published guidance at gov.uk.

Consult a professional

Before making any financial decisions based on calculations from this site — including filing a tax return, making payments to HMRC, or making pension, investment, or business decisions — consult a qualified accountant or registered tax adviser. They can account for the specifics of your situation in a way a general calculator cannot.

You can find a qualified accountant through the ICAEW, ACCA, or CIOT.

No liability

Indietax and its operator accept no liability for any loss or damage arising from reliance on calculator results or any other content on this website. See our full Terms of Use for more detail on liability limitations.