Model revenue, expenses and accountant fees, then compare sole trader and limited company take-home side by side with a full tax breakdown.
Updated for 2026/27 · Reviewed by James Whitfield · Methodology and assumptions
Sole trader route currently looks stronger on net take-home under these assumptions.
| Profit | £45,000.00 |
| Income tax | £6,486.00 |
| Class 4 NI | £1,945.80 |
| Net take-home | £36,568.20 |
| Director salary | £12,570.00 |
| Employer NI | £1,135.50 |
| Corporation tax | £5,945.95 |
| Dividend tax | £2,671.22 |
| Accountant fee | £1,200.00 |
| Net take-home | £34,047.33 |