Dividend & Salary Tax Calculator

Optimize your income split for 2024/25 tax year

Income Details
Enter your planned salary and dividend amounts

Recommended: £12,570 (Personal Allowance)

From company profits after corporation tax

Tax Rates for 2024/25:

  • • Dividend allowance: £500
  • • Basic rate: 8.75%
  • • Higher rate: 33.75%
  • • Additional rate: 39.35%
Tax Breakdown
Gross Income£62,570
Income Tax£0.00
National Insurance£0.00
Dividend Tax£7406.25
Total Tax£7406.25
Net Income£55163.75
Effective Tax Rate11.8%
Tax Optimization Tips

✓ Keep salary at £12,570 to maximize NI savings

✓ Corporation tax saved on salary: £2388.30

✓ Consider pension contributions to reduce tax

✓ Spread dividends between tax years if possible

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