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Dividend Tax Changes Impact Calculator - Results

Salary = £8,000, Net dividend = £1, Other income = £0
Tax code = 1250L,

Dividend Information

  • For 2016/2017 there is a Dividend Tax Allowance of £5,000, making £0 of your dividend potentially taxable.
  • Your total taxable income of £8,000 is less than your personal allowance of £12,900.
  • No extra tax is payable on your dividend.

Solutions for Contractors:

Closing your company?

Do you have retained cash? Use an MVL to pay only 10% tax. Find out how.

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