Dividend tax, salary plus dividends, allowance shown.
Director taking a small salary and dividends? See exactly how the £500 dividend allowance and 8.75 / 33.75 / 39.35% bands hit you.
Total take-home (after all tax)£48,539From £52,570 salary + dividends
- Salary£12,570.00
- Dividends£40,000.00
- Income Tax (on salary)£0.00
- National Insurance (Class 1)£0.00
- Dividend Tax£4,031.25
- Take-home total£48,538.75
2024/25 dividend allowance is £500 (down from £1,000 in 2023/24 and £2,000 the year before). This calculator assumes you're an England/Wales/NI taxpayer. Corporation tax is paid by the company before dividends are declared — see the Corporation Tax calculator.
Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000
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