Digital Tax Service · Guidance

MTD Quarterly Profit & Tax Calculator

Last reviewed: Next review: Reviewed by the Digital Tax Service editorial team
Calculator

Quarterly profit

£9,000

Annualised profit (× 4)

£36,000

Estimated annual Income Tax

£4,686

Estimated annual Class 4 NI

£1,406

Set aside this quarter

£1,523

Effective combined rate: 16.9% on annualised profit

How the Calculation Works

We take your quarter's income minus expenses to get quarterly profit, then annualise it (× 4) so the correct UK tax bands apply. We then calculate Income Tax using 2025/26 bands (Personal Allowance £12,570, basic rate 20% to £50,270, higher rate 40% to £125,140, additional rate 45%), apply the £100k personal allowance taper, and add Class 4 National Insurance (6% main, 2% upper). The result is divided by four to give you a sensible amount to set aside per quarter.

This is an estimate to help you budget — final figures depend on your full tax position, including other income, pension contributions, Gift Aid and reliefs. Always confirm with your accountant before paying HMRC.

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