Salary + Dividend Calculator
If you own a business and pay yourself a salary, this tool will help you calculate your monthly/annual take home pay based on your gross salary and any dividends you receive.
| Monthly | Annually | |
|---|---|---|
| Gross Salary | £0 | £0 |
| Income Tax | -£0 | -£0 |
| National Insurance | -£0 | -£0 |
| Dividends | £0 | £0 |
| Dividend Tax | -£0 | -£0 |
| Total Income | £0 | £0 |
| Total Tax | -£0 | -£0 |
| Take Home Pay | £0 | £0 |
Current UK Tax Bands
This calculator uses the current UK tax bands for the 2024/25 tax year. These are broken down as follows:
Personal Allowance: £12,570
Basic Rate: 20% for earnings between £12,570 and £50,270
Higher Rate: 40% for earnings between £50,270 and £125,140
Additional Rate: 45% for earnings over £125,140
Current UK Dividend Tax Bands
This calculator uses the current UK dividend tax bands for the 2024/25 tax year. These are broken down as follows:
Tax-free Dividend Allowance: £500
Basic Rate: 8.75% for dividends on income between £500 and £50,270
Higher Rate: 33.75% for dividends on income between £50,270 and £125,140
Additional Rate: 39.35% for dividends on income over £125,140