Tool
Sole trader, or a limited company?
One profit, both ways of trading worked side by side, and the profit at which one overtakes the other.
Or see what it would cost, in a minuteBoth ways, on your figures
nothing you enter is kept
What the business makes in a year,
before you take anything
How much of it do you live on?
What you need in your hand
for the year, after tax
What each leaves, at every profit
Limited companySole trader
Needing £36,000 in hand, the company leaves more from about £55,000 of profit, and the gap widens from there.
The two, side by side
Not worked out yet
Drag what the business makes, or type it, and both ways of trading are worked out here, line by line.
Worked from the published rates for 2026 to 2027, for a taxpayer in England, Wales or Northern Ireland with no other income. It is an estimate to start a conversation, not advice: we confirm the figures with you before anything is done. Nothing you enter here is kept or sent anywhere.
Rates checked by Jonathan Dennis on 12 November 2026.
- Income Tax rates and Personal Allowances (GOV.UK)
- Tax on dividends (GOV.UK)
- Rates and thresholds for employers 2026 to 2027 (GOV.UK)
- Self-employed National Insurance rates (GOV.UK)
- Corporation Tax rates and allowances (GOV.UK)