{"id":20298,"date":"2024-11-28T15:02:13","date_gmt":"2024-11-28T15:02:13","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=20298"},"modified":"2026-04-15T17:23:01","modified_gmt":"2026-04-15T16:23:01","slug":"how-much-can-you-earn-before-tax","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/how-much-can-you-earn-before-tax\/","title":{"rendered":"How Much Can You Earn Before Paying Tax in the UK?\u00a0"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--standard entry-header--has-illustration entry-header--has-illustration--standard\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tHow Much Can You Earn Before Paying Tax in the UK?\u00a0\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\tHow much can you earn before having to pay tax? As a sole trader or small business owner, understanding when you start owing income tax is crucial.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2024-11-28T15:02:13+00:00\">28 November, 2024<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"How Much Can You Earn Before Paying Tax in the UK?\u00a0\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-gb\/blog\/how-much-can-you-earn-before-tax\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-gb\/blog\/author\/sarahcheesman\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-350x350.png\" class=\"entry-author__image\" alt=\"Sarah Cheesman\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-350x350.png 350w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-768x768.png 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-810x810.png 810w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman.png 1080w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Sarah Cheesman<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>So, how much can you earn before having to pay&nbsp;taxes? As a sole trader or small business owner, understanding when you start&nbsp;owning&nbsp;income tax is crucial.&nbsp;<\/p>\n\n\n\n<p>If\u00a0you&#8217;re\u00a0self-employed or running a small business, knowing exactly where the tax threshold sits is one of the most practical things you can do.\u00a0There&#8217;s\u00a0a specific amount you can earn each year without paying a penny in income tax \u2014 and understanding it helps you plan your finances properly rather than getting caught out.\u00a0<\/p>\n\n\n\n<section class=\"wp-block-sage-container is-constrained is-style-jade\"><div class=\"sage-container__inner\">\n<h2 class=\"wp-block-heading has-h-2-font-size\" id=\"h-12-570-nbsp\"><strong>\u00a312,570<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Personal Allowance for 2024\/25 \u2014 the amount most UK taxpayers can earn before paying income tax. That works out to approximately \u00a31,047.50 per month.&nbsp;<\/p>\n<\/div><\/section>\n\n\n\n<p>For most people in the UK, the Personal Allowance is \u00a312,570 for the 2024\/25 tax year. Earn below that and you&nbsp;won&#8217;t&nbsp;owe any income tax. Earn above it and you pay tax on the excess \u2014 at rates that depend on how much you earn.&nbsp;<\/p>\n\n\n\n<p>This guide explains how the Personal Allowance works, what counts as taxable income, and how to reduce your tax bill legally and efficiently.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-takeaways-nbsp\">Key Takeaways&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Personal Allowance is \u00a312,570 for most UK taxpayers\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You only pay tax on income above this threshold\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Self-employed income is taxed on profit, not total earnings\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tax rates increase depending on your income band\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Claiming expenses and reliefs can significantly reduce your tax bill\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-counts-as-taxable-income\">What counts as taxable income?<\/h2>\n\n\n\n<p>Not everything you earn is subject to income tax, and understanding the difference is essential.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-taxable-income-includes\">Taxable income includes:\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Salary and wages\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Self-employed profits\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rental income\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Dividends above the allowance\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p>If\u00a0you\u2019re\u00a0self-employed, your taxable income is calculated as:<\/p>\n\n\n\n<p><strong>Total income \u2013 allowable expenses = taxable profit<\/strong>\u00a0<\/p>\n\n\n\n<p>This is why expenses play such a critical role in reducing your tax liability.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-income-that-is-typically-not-taxed\">Income that is typically not taxed:\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ISA interest\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Premium Bond winnings\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A\u00a0portion\u00a0of savings interest (depending on your tax band)\u00a0<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-b070c479-ac3c-48cf-b77a-f696b6d06d6b\">Get the support you need with your tax returns by downloading your free copy of Get Self Assessment right each time<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-the-tax-bands-work-above-the-personal-allowance\">How the tax bands work above the Personal Allowance\u00a0<\/h2>\n\n\n\n<p>Once your income exceeds \u00a312,570, you pay tax on the amount above that threshold. The rate depends on where your total income falls:&nbsp;<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Basic rate (20%):\u00a0<\/strong>income between \u00a312,571 and \u00a350,270\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Higher rate (40%):\u00a0<\/strong>income between \u00a350,271 and \u00a3125,140\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Additional\u00a0rate (45%):\u00a0<\/strong>income above \u00a3125,140\u00a0<\/li>\n<\/ol>\n\n\n\n<p>There&#8217;s&nbsp;an important trap here if your income climbs above \u00a3100,000. At that point, your Personal Allowance starts to reduce \u2014 by \u00a31 for every \u00a32 you earn above \u00a3100,000. Once your income hits \u00a3125,140, your Personal Allowance is gone entirely, which means&nbsp;you&#8217;re&nbsp;effectively paying a 60% marginal rate on income between \u00a3100,000 and \u00a3125,140. Pension contributions and charitable donations can help manage this.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-much-can-you-earn-before-paying-tax-per-month\">How much can you earn before paying tax per month?\u00a0<\/h2>\n\n\n\n<section class=\"wp-block-sage-container is-constrained is-style-jade\"><div class=\"sage-container__inner\">\n<p>The&nbsp;<strong>Personal Allowance of \u00a312,570 is an annual figure<\/strong>, but if you think about your income monthly, it breaks down to approximately&nbsp;<strong>\u00a31,047.50 per month.<\/strong>&nbsp;<\/p>\n\n\n\n<p>This is the monthly tax-free threshold for 2024\/25.&nbsp;Earn below that in a given month and \u2014 assuming that&#8217;s representative of your annual income \u2014 you won&#8217;t owe income tax.&nbsp;Earn above it and&nbsp;you&#8217;ll&nbsp;pay tax at 20% on the excess (assuming your total annual income stays in the basic-rate band).&nbsp;<\/p>\n\n\n\n<p>One thing to note: income tax is calculated on your full-year income, not month by month. If you have a particularly strong month early in the year, that&nbsp;doesn&#8217;t&nbsp;mean you&#8217;ve &#8216;used up&#8217; your allowance \u2014 HMRC looks at the total picture. But thinking in monthly terms is a perfectly reasonable way to plan your&nbsp;cashflow.&nbsp;<\/p>\n<\/div><\/section>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-reduce-your-taxable-income\">How to reduce your taxable income\u00a0<\/h2>\n\n\n\n<p>The Personal&nbsp;Allowance&nbsp;isn&#8217;t&nbsp;the only thing working in your&nbsp;favour. There are several ways to reduce the amount of income&nbsp;that&#8217;s&nbsp;subject to tax:&nbsp;<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Claim all\u00a0your\u00a0<\/strong><a href=\"https:\/\/www.sage.com\/en-gb\/blog\/allowable-expenses-self-assessment-tax-return\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>allowable expenses<\/strong><\/a><strong>.\u00a0<\/strong>If\u00a0you&#8217;re\u00a0self-employed, every pound of legitimate business expense reduces your taxable profit. Office costs, travel, subscriptions, phone and broadband, marketing \u2014 all of these reduce your tax bill if claimed correctly.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Pay into a pension.\u00a0<\/strong>Pension contributions attract tax relief, effectively reducing your taxable income pound for pound. For higher-rate taxpayers, this is particularly valuable.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Use your savings allowance.\u00a0<\/strong>Basic-rate taxpayers can receive up to \u00a31,000 in savings interest tax-free. Higher-rate taxpayers get \u00a3500.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Marriage Allowance.\u00a0<\/strong>If\u00a0you&#8217;re\u00a0married or in a civil partnership and one partner earns below the Personal Allowance, they can transfer up to \u00a31,260 of their allowance to the higher earner, saving up to \u00a3252 in tax.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>R&amp;D tax relief.\u00a0<\/strong>If your business carries out qualifying research and development, you may be able to claim R&amp;D tax credits against your tax bill.\u00a0<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-a-worked-example\">A worked example\u00a0<\/h3>\n\n\n\n<p>Say&nbsp;you&#8217;re&nbsp;a sole trader and your business profit for 2024\/25 comes to \u00a322,000.&nbsp;Here&#8217;s&nbsp;how your income tax would work:&nbsp;<\/p>\n\n\n\n<ul start=\"4\" class=\"wp-block-list\">\n<li>Subtract your Personal Allowance: \u00a322,000 \u2212 \u00a312,570 = \u00a39,430 taxable income\u00a0<\/li>\n<\/ul>\n\n\n\n<ul start=\"5\" class=\"wp-block-list\">\n<li>Apply the basic rate: \u00a39,430 \u00d7 20% = \u00a31,886 in income tax\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Your tax bill would be \u00a31,886.&nbsp;You&#8217;d&nbsp;also owe Class 4 National Insurance on profits above \u00a312,570, but&nbsp;that&#8217;s&nbsp;calculated separately.&nbsp;<\/p>\n\n\n\n<p>Now, if you also had \u00a33,000 of allowable expenses that&nbsp;you&#8217;d&nbsp;properly&nbsp;claimed, your taxable profit drops to \u00a319,000, and your tax bill falls to \u00a31,286.&nbsp;That&#8217;s&nbsp;a \u00a3600 difference from a single set of records \u2014 which is why keeping on top of your expenses matters.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-about-self-assessment-deadlines\">What about\u00a0Self Assessment\u00a0deadlines?<\/h2>\n\n\n\n<p>If&nbsp;you&#8217;re&nbsp;self-employed, you report your income and expenses through a&nbsp;Self Assessment&nbsp;tax return, due by&nbsp;<strong>31 January each year<\/strong>&nbsp;(for online filing). The deadline covers the&nbsp;previous&nbsp;tax year \u2014 so the return for 2024\/25 is due by 31 January 2026.&nbsp;<\/p>\n\n\n\n<p>Missing the deadline triggers an immediate \u00a3100 penalty, and further penalties apply the longer you leave it. If you&#8217;ve&nbsp;<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/get-self-assessment-right-each-time\/\" target=\"_blank\" rel=\"noreferrer noopener\">missed a deadline<\/a>, file as soon as possible \u2014 late is always better than&nbsp;never, and&nbsp;acting quickly limits the damage.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-making-tax-digital-mtd-changes-things\">How Making Tax Digital (MTD) Changes Things<\/h2>\n\n\n\n<p id=\"h-how-making-tax-digital-mtd-changes-things\">\u00a0From April 2026, Making Tax Digital will change how many sole traders report income.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-changes\">Key changes:\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Quarterly digital submissions\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mandatory digital record keeping\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-remains-the-same\">What\u00a0remains\u00a0the same:\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Personal Allowance\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tax thresholds\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Allowable expense rules\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Using accounting software can simplify compliance and reduce errors.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions\">Frequently Asked Questions\u00a0<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1776269829348\"><strong class=\"schema-faq-question\">How much can you earn before paying tax in the UK?\u00a0<\/strong> <p class=\"schema-faq-answer\">Most people can earn \u00a312,570 per year before paying income tax.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1776269881870\"><strong class=\"schema-faq-question\">Do you pay tax if you earn under \u00a312,570?\u00a0<\/strong> <p class=\"schema-faq-answer\">No, unless your Personal Allowance is reduced due to higher income.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1776269896327\"><strong class=\"schema-faq-question\">Is tax calculated monthly or yearly?\u00a0<\/strong> <p class=\"schema-faq-answer\">Income tax is calculated annually based on total earnings.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1776269907896\"><strong class=\"schema-faq-question\">Do self-employed people have a tax-free allowance?\u00a0<\/strong> <p class=\"schema-faq-answer\">Yes, but it applies to profits after expenses, not total income.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1776269915827\"><strong class=\"schema-faq-question\">What happens if you earn over \u00a3100,000?\u00a0<\/strong> <p class=\"schema-faq-answer\">Your Personal Allowance reduces, increasing your effective tax rate.\u00a0<\/p> <\/div> <\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts\">Final thoughts<\/h2>\n\n\n\n<p>Now that you know how much you can earn before paying tax, the next step is to make sure&nbsp;you\u2019re&nbsp;filing your&nbsp;Self Assessment&nbsp;<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/file-a-tax-return-online\/\" target=\"_blank\" rel=\"noreferrer noopener\">tax return correctly<\/a>. Knowing how much tax&nbsp;you\u2019ll&nbsp;need to pay will help you plan your finances better and avoid any unexpected bills down the line.&nbsp;<\/p>\n\n\n\n<p>Remember, the Personal Allowance for the 2024\/25 tax year is \u00a312,570, so&nbsp;as long as&nbsp;your income stays below that, you&nbsp;won\u2019t&nbsp;owe any income tax. If&nbsp;you\u2019re&nbsp;not sure about your situation,&nbsp;it\u2019s&nbsp;always&nbsp;a good idea&nbsp;to talk to an accountant or check out resources like our&nbsp;Self Assessment&nbsp;guides for more advice.&nbsp;<\/p>\n\n\n\n<p>It\u2019s&nbsp;also worth noting that&nbsp;<a href=\"https:\/\/www.sage.com\/EN-GB\/BLOG\/SELF-ASSESSMENT-ENDING-MAKING-TAX-DIGITAL-SOLE-TRADERS\/\" target=\"_blank\" rel=\"noreferrer noopener\">Making Tax Digital<\/a>&nbsp;is changing the way sole traders and small business owners file their taxes. As these new rules take effect in the coming years, staying compliant will mean keeping digital records and&nbsp;submitting&nbsp;updates online.&nbsp;<\/p>\n\n\n\n<p>Tax&nbsp;can be complicated, but&nbsp;on&nbsp;the right&nbsp;<a href=\"https:\/\/www.sage.com\/en-gb\/size\/self-employed\/\" target=\"_blank\" rel=\"noreferrer noopener\">knowledge, planning, and support<\/a>, you can keep your finances running smoothly.<\/p>\n\n\n\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">E-Book: Get Self Assessment right<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Download your free copy of this essential guide and get the support you need with your Self Assessment tax returns.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-b070c479-ac3c-48cf-b77a-f696b6d06d6b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download your free guide<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<div class=\"single-cta__downloads\">\n\t\t\t\t\t\n\t\t\t\t\t1,200 readers have downloaded this guide\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1146164056-1440x810.jpg\" class=\"single-cta__image\" alt=\"Woman applying for business credit line\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1146164056-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How much can you earn before having to pay tax? As a sole trader or small business owner, understanding when you start owing income tax is crucial.<\/p>\n","protected":false},"author":1813,"featured_media":11653,"menu_order":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"footnotes":""},"categories":[6],"tags":[27],"business_type":[4],"lilypad":[],"context":[],"industry":[],"persona":[],"imagine_tag":[109],"coauthors":[361],"class_list":["post-20298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","tag-tax","business_type-small-business"],"sage_meta":{"region":"en-gb","author_name":"Sarah Cheesman","featured_image":"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1282134863.jpg","imagine_tags":{"109":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice UK","distributor_original_site_url":"https:\/\/www.sage.com\/en-gb\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/20298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/users\/1813"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/comments?post=20298"}],"version-history":[{"count":2,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/20298\/revisions"}],"predecessor-version":[{"id":29871,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/20298\/revisions\/29871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media\/11653"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media?parent=20298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/categories?post=20298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/tags?post=20298"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/business_type?post=20298"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/lilypad?post=20298"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/context?post=20298"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/industry?post=20298"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/persona?post=20298"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/imagine_tag?post=20298"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/coauthors?post=20298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}