by Yesim Tilley | Oct 6, 2025 | Latest Posts
Legal Ways to Avoid Paying 40% Tax When You’re Self-Employed Why Self-Employed People Pay 40% Tax If you’re self-employed in the UK, you pay tax on your profits. The rates are: 20% (basic rate) on income up to £50,270 40% (higher rate) on income between £50,271 and...