salary and dividend tax calculator

Estimate Your Take-Home Pay in Seconds

Use our salary and dividend tax calculator to check your tax and take-home pay

Our free online calculator helps UK contractors, Limited Company Directors, freelancers, and small business owners determine the most tax-efficient way to pay themselves—balancing salary and dividends. Estimate Your Take-Home Pay in Seconds.

Quick, Accurate Tax Estimates

✔ Income Tax (2024-25 rates)
✔ Dividend Tax (with £500 allowance)
✔ Employee & Employer NICs
✔ Total Tax Liability
✔ Net Take-Home Pay

How to Use:

  1. Enter your salary and dividends.
  2. Click “Calculate”.
  3. See your net income after all taxes.

Why Use This Tool?

  • Up-to-date for 2024-2025: Uses current HMRC tax bands and allowances.
  • Instant results: Free & No Registration Needed – Get instant results without sharing personal data..
  • Private: Calculations happen in your browser.

Salary & Dividend Tax Calculator 2024-2025

Results

Income Tax: £0.00

Dividend Tax: £0.00

Employee NIC (paid by you): £0.00

Employer NIC (paid by comapny): £0.00

Total Tax + NICs: £0.00

Net Income: £0.00

How Dividends Work

Dividends represent a share of company profits distributed to shareholders. Unlike salaries, they offer tax advantages but follow specific rules:

Key Features of Dividends

  • Lower tax rates vs salary (8.75%-39.35% in 2024/25)
  • Paid from post-tax profits (after 19%-25% Corporation Tax)
  • Taxed separately from salary income
  • No PAYE deduction – must be declared via Self Assessment

2024/25 Dividend Tax Rates

£0 – £12,570 0% (Personal Allowance)
£12,571 – £50,270 8.75% (Basic Rate)
£50,271 – £125,140 33.75% (Higher Rate)
Over £125,140 39.35% (Additional Rate)
* Personal Allowance typically used by salary first