TRADING ALLOWANCE
Side hustle tax calculator
Estimate taxable side-income profit after expenses or the £1,000 trading allowance.
Estimated result
£760
- Taxable profit
- £3,800
- Best deduction
- Actual expenses
- After estimated tax
- £3,040
National Insurance, losses, VAT and registration requirements are outside this simplified estimate.
SOURCES & REVIEW
Checked against official guidance
Last checked 14 July 2026 · Rule version GB-2026.27.1
GOV.UK: Tax-free allowances on property and trading income ↗COMMON QUESTIONS
Frequently asked questions
Is this an exact quote or tax return?
No. It is an estimate based on the inputs and assumptions shown.
When was this checked?
The method and linked official guidance were reviewed for the current UK release.