How much tax will I pay as a self-employed electrician?

How much tax will I pay as a self-employed electrician? For 2026-27, a self-employed electrician with £30,000 profit pays £4,531.80 in Income Tax and National Insurance. On £45,000 it is £8,431.80, and on £60,000 it is £13,888.60. On £30,000 of profit in 2026-27, outside Scotland, £3,486 Income Tax plus £1,045.80 Class 4 National Insurance, so £4,531.80 in total. Profit is what is left after allowable business costs. On your profit: what customers pay you, minus allowable business costs such as materials, van costs and tools. Making Tax Digital uses turnover only to decide whether you have to join. Not as a charge. For 2026-27, Class 2 is treated as paid if your profit is £7,105 or more. Below that, you can choose to pay voluntary Class 2 at £3.65 a week. Read the full answer, with every source, at rightotax.co.uk.