{
 "name": "UK Freelancer Kit sole-trader rates, thresholds and deadlines 2026/27",
 "tax_year": "2026/27",
 "checked_against_govuk": "2026-10-15",
 "last_modified": "2026-10-15",
 "mtd_income_tax": {
  "qualifying_income": "self-employment plus property income before expenses (turnover)",
  "phases": [
   {
    "threshold_over": 50000,
    "measured_tax_year": "2024/25",
    "start": "2026-04-06"
   },
   {
    "threshold_over": 30000,
    "measured_tax_year": "2025/26",
    "start": "2027-04-06"
   },
   {
    "threshold_over": 20000,
    "measured_tax_year": "2026/27",
    "start": "2028-04-06"
   }
  ],
  "quarterly_update_deadlines_2026_27": [
   "2026-08-07",
   "2026-11-07",
   "2027-02-07",
   "2027-05-07"
  ],
  "penalty_points": "not applied for late quarterly updates in 2026/27; from 2027/28 4 points = £200",
  "sources": [
   "https://www.gov.uk/guidance/check-if-youre-eligible-for-making-tax-digital-for-income-tax",
   "https://www.gov.uk/guidance/work-out-your-qualifying-income-for-making-tax-digital-for-income-tax",
   "https://www.gov.uk/guidance/use-making-tax-digital-for-income-tax/send-quarterly-updates"
  ],
  "status": "confirmed"
 },
 "self_assessment_2025_26_return": {
  "register_by": "2026-10-05",
  "paper_return": "2026-10-31",
  "online_return_and_payment": "2027-01-31",
  "second_payment_on_account": "2027-07-31",
  "source": "https://www.gov.uk/self-assessment-tax-returns/deadlines",
  "status": "confirmed"
 },
 "payments_on_account": {
  "due": [
   "31 January",
   "31 July"
  ],
  "each": "half of previous year's bill",
  "not_required_if": [
   "previous bill under £1,000",
   "more than 80% of tax collected at source"
  ],
  "source": "https://www.gov.uk/understand-self-assessment-bill/payments-on-account",
  "status": "confirmed"
 },
 "mileage_simplified_expenses": {
  "car_or_goods_vehicle_first_10000_miles": 0.55,
  "car_or_goods_vehicle_after_10000_miles": 0.25,
  "motorcycle": 0.24,
  "first_10000_rate_before_2026_04_06": 0.45,
  "source": "https://www.gov.uk/simpler-income-tax-simplified-expenses/vehicles",
  "status": "confirmed"
 },
 "trading_allowance": {
  "amount": 1000,
  "source": "https://www.gov.uk/expenses-if-youre-self-employed",
  "status": "confirmed"
 },
 "income_tax": {
  "personal_allowance": 12570,
  "basic": {
   "to": 50270,
   "rate": 0.2
  },
  "higher": {
   "to": 125140,
   "rate": 0.4
  },
  "additional_rate": 0.45,
  "source": "https://www.gov.uk/income-tax-rates",
  "status": "confirmed"
 },
 "class4_ni": {
  "from": 12570,
  "to": 50270,
  "main_rate": 0.06,
  "upper_rate": 0.02,
  "source": "https://www.gov.uk/self-employed-national-insurance-rates",
  "status": "confirmed"
 },
 "product": {
  "name": "UK Sole Trader Kit",
  "price": 9,
  "currency": "GBP",
  "url": "https://turceapaul.gumroad.com/l/bmykeg"
 }
}