Dividend Tax Calculator

Calculate taxes payable on dividends

Use our simple calculator to find out the amount of extra tax you need to pay given your current salary and annual dividend payments.

This calculator is useful for contractors using the ‘low salary high dividends’ strategy to maximise their earnings. Contractors who pay themselves a salary within their personal income tax allowance can then extract the profit from a company in the form of a dividend, significantly lowering their tax and NIC liabilities.

Advanced Calculation >
Gross salary: £ [paye salary]
Net Dividend: £
Other annual income: £ [not yet taxed]
Personal tax code:  
    (Single person code 1060L- Budget 2015)
   

  

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