Tax tables in GBP: this calculation uses the country’s currency.
01
Your parameters
Your revenue before all charges
Min. 0
£
- Social charges applied on gross revenue
- 9%
Class 4 NI: 9% on profits £12,570–£50,270.
02
Your result
Simulation using your parameters
Net revenue
£38,014.00
/year
2024–25 rates for England/Wales/NI. Personal Allowance tapers above £100,000.
- Social charges
- £4,500.00
/year
- Income tax (est.)
- £7,486.00
/year
- Total déduction rate
- 23.97%
Local calculation
03 / Understand the calculation
Freelance Income: Choosing the Right Tax Regime
Simplified vs Standard Tax Regime
| Criteria | Micro-enterprise | Standard régime |
|---|
| Revenue cap | 77,700 EUR (services) | None |
| Deductible expenses | Flat-rate déduction | Actual expenses |
| Social charges | ~22% of revenue | ~45% of profit |
| VAT | Exemption possible | Required |
Tips to Optimize Your Freelance Taxes
- Under the micro régime, a flat-rate déduction of 34% (professional services) or 50% (commercial) is automatically applied
- Under the standard régime, deduct actual expenses: office rent, equipment, travel, professional training
- Compare both régimes annually: the standard régime becomes advantageous when your real expenses exceed the flat-rate déduction
- In France, the ACRE program offers reduced social charges during the first year of activity