2026/27 HMRC RatesFree

Employed vs Self-Employed Calculator

Compare your take-home pay as an employee vs self-employed. See the tax differences and decide which employment type is better for your situation.

Compare Employment Types
Employed

£NaN

Annual take-home

Self-Employed

£NaN

Annual take-home

Difference

£NaN

Employed wins (0.0%)

Employed Breakdown
Gross Salary£50,000
Pension Contribution-£2,500
Income Tax-£NaN
Employee NI (Class 1)-£NaN
Take Home Pay£NaN
Effective Tax RateNaN%
Total Employer Cost£50,075
Self-Employed Breakdown
Gross Income£50,000
Business Expenses-£5,000
Pension Contribution-£2,500
Net Profit£42,500
Income Tax-£NaN
Class 2 NI-£182
Class 4 NI-£1,796
Take Home Pay£NaN
Effective Tax RateNaN%
Key Differences

Employed Benefits

  • • Employer pays NI contributions
  • • Automatic pension enrollment
  • • Holiday pay, sick pay, maternity/paternity
  • • Employment rights and protections
  • • No admin burden for tax returns

Self-Employed Benefits

  • • Deduct business expenses
  • • Lower NI rates (Class 2 & 4)
  • • Flexibility and independence
  • • Potential for higher earnings
  • • Can work for multiple clients