Tax tool for multiple income sources

Waterfall18

Hi, can anyone direct me to a tool to estimate the tax I'll pay when my income comes from different sources I.e wage, rental income, investments. I can seem to find anything.
Thanks 

Grumpy_chap

Waterfall18 said:

Hi, can anyone direct me to a tool to estimate the tax I'll pay when my income comes from different sources I.e wage, rental income, investments. I can seem to find anything.
Thanks 

Most of the online tools are designed for simple cases 

If your case is more complex, then you are going to be doing a tax return.  If you are not able to do that yourself, you will need to engage an Accountant.  It won't necessarily be expensive to use an Accountant if they identify allowances you were not aware of.

As a worst case indicator, you could add all your income sources and put through an online salary calculator.  That will likely overestimate the tax / NI payable.

Waterfall18

Thank you i was hopeful to find something to help me budget amid spiralling cost of living. I'll try the standard one. Thanks again 

[Deleted User]

Waterfall18 said:

Thank you i was hopeful to find something to help me budget amid spiralling cost of living. I'll try the standard one. Thanks again 

I used to tell my clients (basic rate taxpayers) to put 30% of their turnover in a separate savings account and they would have no worries about funding tax bills. For higher rate - 40%. Probably over doing it - but rather that than not being able to pay!

Mind you one used to earn reasonable interest then!

Jeremy535897

No idea if this is any good, as I just use a tailored spreadsheet for my own estimates. It says it copes with multiple sources of income though:
https://www.uktaxcalculators.co.uk/wizard/