UK income tax
Thread poster: RosaT

RosaT  Identity Verified
Local time: 20:24
English to Spanish
+ ...
Apr 5, 2003

Dear all,

Here is a question for those of you freelancing in the UK.

I will be completing my first self-assessment in this country and I am not familiar with the amounts you usually have to pay for income tax.

My question is basically how much money (what percentage) of my earnings should I be keeping aside for income taxes?

I understand this varies and expenditure has to be taken into account, but a rough percentage figure would do, as I have heard different things (about 20%, 25%, etc)

I would greatly appreciate any help.

Kind regards.


DGK T-I  Identity Verified
United Kingdom
Local time: 19:24
Georgian to English
+ ...
rough % from a non expert Apr 5, 2003

I believe 25% is the very rough estimate that people tend to talk about, to include income tax and national insurance (which is really a tax). The income tax element would be less.

Tax and fiscal experts please correct me...

Looking since - I think there\'s a better answer to this than mine in \"Being Independent\" (in answer to the same question)!

[ This Message was edited by: giulik on 2003-04-06 13:21]


RosaT  Identity Verified
Local time: 20:24
English to Spanish
+ ...
Thank you! Apr 7, 2003

Many thanks for your feedback.


To report site rules violations or get help, contact a site moderator:

You can also contact site staff by submitting a support request »

UK income tax

Advanced search

SDL Trados Studio 2019 Freelance
The leading translation software used by over 250,000 translators.

SDL Trados Studio 2019 has evolved to bring translators a brand new experience. Designed with user experience at its core, Studio 2019 transforms how new users get up and running and helps experienced users make the most of the powerful features.

More info »
WordFinder Unlimited
For clarity and excellence

WordFinder is the leading dictionary service that gives you the words you want anywhere, anytime. Access 260+ dictionaries from the world's leading dictionary publishers in virtually any device. Find the right word anywhere, anytime - online or offline.

More info »

  • All of
  • Term search
  • Jobs
  • Forums
  • Multiple search