a uilabel with edge padding borrowed from stackoverflow

PaddedLabel.swift

import UIKit

@IBDesignable class PaddedLabel: UILabel {
    
    @IBInspectable var topInset: CGFloat = 0.0
    @IBInspectable var bottomInset: CGFloat = 0.0
    @IBInspectable var leftInset: CGFloat = 0.0
    @IBInspectable var rightInset: CGFloat = 0.0

    func setAllInsets(_ inset : CGFloat){
        topInset = inset
        bottomInset = inset
        leftInset = inset
        rightInset = inset
    }
    
    override func drawText(in rect: CGRect) {
        let insets = UIEdgeInsets.init(top: topInset, left: leftInset, bottom: bottomInset, right: rightInset)
        super.drawText(in: rect.inset(by: insets))
    }
    
    override var intrinsicContentSize: CGSize {
        let size = super.intrinsicContentSize
        return CGSize(width: min(size.width + leftInset + rightInset, 10000),
                      height: size.height + topInset + bottomInset)
    }
}