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Free tools · UK 2025/26

Law firm tax calculators

Six solicitor-specific calculators built on UK 2025/26 tax rates and SRA regulatory rules. All run in your browser; no data collected unless you choose to follow up with us.

Income Tax

Solicitor Take-Home Calculator

Compare sole trader, partnership/LLP and limited company on annual net take-home. UK 2026/27 rates.

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LLP / Partnership

FA 2014 Salaried Member Test

Three-condition Finance Act 2014 test: confirms whether an LLP member is partner-for-tax or a deemed employee.

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LLP / Partnership

LLP Profit Share Allocation

Allocate annual profit across senior, junior and fixed-share partners under four allocation methodologies.

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Practice Finance

Law Firm Valuation Calculator

Indicative law firm value: normalised profit x multiple (by firm type and region), plus WIP and tangible assets. UK 2025/26 ranges.

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SRA Compliance

SRA Client Account Reserve

Indicative client money exposure and prudent reserve sizing for SRA-regulated firms.

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Practice Finance

PII Premium Estimator

Indicative annual PII premium by gross fees, practice area, claims history and cover level.

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SRA Compliance

COLP & COFA Compliance Checker

Personalised COLP and COFA duty matrix for SRA-regulated firms, including breach-reporting thresholds and accountant's report obligations.

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Practice Finance

Hourly Rate & Salary Benchmarker

Compare your charge-out rate against the Guideline Hourly Rates and check your salary against the rule of thirds.

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Succession & Sale

Practice Sale CGT Calculator

Net-of-tax proceeds on selling a law firm or partnership interest: goodwill, BADR at 18%, £1m lifetime limit, partnership vs company share sale. UK 2026/27.

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Practice Finance

VAT on Disbursements Classifier

Classify any solicitor cost as a true disbursement (outside VAT) or a recharge (VATable) using the HMRC agent/principal test.

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SRA Compliance

Client Account Interest Estimator

Estimate the fair sum of interest due to clients under SRA Accounts Rule 7.1, and sense-check your de minimis policy.

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LLP / Partnership

Partner Tax Reserve Calculator

Monthly reserve percentage for a self-employed solicitor partner: income tax, Class 4 NIC, payments on account, and pension annual allowance charge risk.

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Practice Finance

Practice Cashflow Runway Estimator

Months of runway from cash, overheads and billings, plus the cash your lockup would release if you cut WIP and debtor days.

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