Free tool

Tax set-aside calculator

Work out what share of every payment to move into a separate account for tax, so the bill is never a surprise. It works with any country: you enter the rates.

Your year, roughly

Expected income for the yearEverything clients pay you, before costs. Leave sales tax out. Business costs for the yearTools, fuel, software, insurance, supplies.

Tax-free amountProfit you can earn before income tax starts, if your system has one. Use 0 if unsure. Income tax rate on the rest (%)Your best estimate of the average rate. Last year's return or an accountant can tell you.

Other charges on self-employed profit (%)Pension, social security or health contributions charged on your profit, if any. Use 0 if none. Safety margin (%)Extra on top of the estimate, so a good year does not leave you short. Anything left over is yours.

Set aside from each payment

Tax for the year

Per month

Per quarter

Profit (income minus costs)
Taxable profit
Income tax estimate
Other charges
Safety margin
Share of profit going to tax
What you keep after tax

A payment just came in

Amount received Sales tax inside it (%)If you charge sales tax, that part was never yours. Use 0 if you do not.

Move to your tax account

Yours to spend

Sales tax to pass on
Income tax set-aside

Payments logged

Received so far

Should be set aside

Want the worked pricing guides that build tax into your rate? The Pricing Set, $12.99.

The habit that makes this work. Open a second account just for tax. Every time a payment lands, move the amount above the same day, before you spend any of it. This is an estimate, not tax advice: tax rules differ by place, and an accountant can give you the exact rates.

General information for small businesses and freelancers. Not legal, tax or financial advice. Everything you type stays in this browser: it is saved on this device only and never sent anywhere, apart from the email address if you sign up.

Tax set-aside calculator

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