Tax season is coming. If you're a freelancer, contractor, or sole trader, you need to know how much to set aside for tax.
I built a free calculator that estimates your tax bill instantly:
tax.vemtrac.com (coming online shortly)
What It Calculates
π¦πΊ Australia β Income tax brackets + Medicare levy
πΊπΈ United States β Federal tax + self-employment tax (15.3%)
π¬π§ United Kingdom β Income tax + National Insurance Class 4
Enter your gross income and business expenses. Get:
- Total tax owed
- Effective tax rate
- Take-home pay (annual, monthly, weekly)
- Full line-by-line breakdown
Why I Built This
Every freelancer I know guesses their tax bill. Then they get a surprise at tax time. This tool takes 5 seconds and gives you a realistic estimate.
The Full Free Tool Suite
This is part of Vemtrac Labs β a collection of free tools for freelancers:
- InvoiceForge β Professional invoices, no signup
- LegalForge β Privacy policies, terms of service, etc.
- Compliance Checker β Check if your website is GDPR ready
- ContentForge β Repurpose content for social media
- HeadlineForge β AI headline scorer
All free. No signup. No ads.
How much tax are you paying as a freelancer? Drop your effective rate in the comments!
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