Salary and dividend tax calculator
For limited company directors, see the tax on a combination of salary and dividends.
Salary and dividend tax calculator
Note: dividend tax rates are UK-wide. The Scottish setting only affects income tax on the salary element.
Total take-home
£48,664
from £52,570 total income
- Salary£12,570
- Dividends£40,000
- Personal allowance£12,570
- Income tax on salary− £0
- Employee NI− £0
- Dividend allowance (0%)£500
- Dividend tax at 8.75%− £3,299
- Dividend tax at 33.75%− £608
- Total tax and NI− £3,906
- Take home£48,664
Excludes corporation tax paid by the company before dividends are declared.