Visit the cheapaccounting.co.uk website to use a simple online tool that enables you to estimate your take home pay after tax as a sole trader or limited company, based upon your anticipated profit (ie turnover minus costs).
Use the Sole trader or limited company tax calculator >>

contributor
Elaine Clark
Elaine Clark is managing director of the award-winning national accountancy firm CheapAccounting.co.uk. She was named the winner of the Woman in Finance Award by the Network of Aspiring Women in 2011.