A circular cutter comprising a circular blade mounted to a front end of a handle via a shaft assembly, in the handle is disposed a slide member for controlling a hood, the hood is formed with a T-shaped hole located correspondingly to a center of the circular blade and is defined with an arc gap located in a cutting direction of the circular cutter, the T-shaped hole is arranged at both sides of the circular blade and located outside of the shaft assembly, when the hood draws back under the control of the slide member, a surface of an object to be cut will press against the hood, so as to make the shaft assembly deviate within the T-shaped hole, and therefore, both a left hand user and a right hand user can use the same circular cutter.