Income
Total Income
Tax year 2025/26Tax Estimate
estimated tax
effective rate
Taxable profit (income - expenses)£31,109.12£31,109.12
Personal allowance (fully used)(£12,570.00£12,570.00 )
Income Tax£3,707.82£3,707.82
Class 4 NICs£1,112.35£1,112.35
| Date | Category | Description | Amount | |
|---|---|---|---|---|
| 15 Apr 25 | freelance | Website redesign for Bright Ideas Ltd | £4,500.00 | |
| 1 May 25 | freelance | Monthly retainerRecurring | £2,000.00 | |
| 10 Jun 25 | Commission | Referral commission | £750.00 | |
| 28 Jun 25 | freelance | E-commerce build phase 1 | £3,200.00 | |
| 15 Jul 25 | freelance | Monthly retainerRecurring | £2,000.00 | |
| 5 Aug 25 | Sales - Services | Template pack sales | £1,800.00 | |
| 12 Sept 25 | freelance | Brand identity & web build | £5,500.00 | |
| 1 Oct 25 | freelance | Monthly retainerRecurring | £2,000.00 | |
| 20 Nov 25 | freelance | SaaS dashboard redesign | £6,800.00 | |
| 15 Dec 25 | freelance | Monthly retainerRecurring | £2,000.00 | |
| 8 Jan 26 | freelance | E-commerce build phase 2 | £3,500.00 | |
| 14 Feb 26 | Other income | Workshop facilitation fee | £1,200.00 |