Thinking of starting a side hustle? See what you would actually take home after tax, National Insurance and expenses. Your 15/hour gig might be worth less than you think.
Your Side Hustle
Your existing income (for tax)
Annual Take-Home from Side Hustle
Gross Income
Tax + NI
Real Hourly Rate
Breakdown
Tip: The first 1,000 of self-employment income is tax-free under the Trading Allowance. If you already earn over 50,270, your side hustle is taxed at 40% (or 45% over 125,140).
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