Salary vs Dividend Calculator

Find your optimal salary and dividend split to legally minimise tax as a UK solo director. Updated for 2025-26 including April 2025 employer NI changes.

Your figures

Revenue minus business expenses, before director salary

Capped at post-corporation-tax retained profit

Quick salary scenarios

Take-home pay

£48,664

Effective tax rate

23.6%

Saving £2,845 vs pure salary approach

Tax breakdown

Director salary£12,570
Dividends drawn£40,000
Income tax-£0
Employee NI-£0
Dividend tax−£3,906
Employer NI (company cost)−£1,136
Corporation tax−£13,818
Net take-home£48,664

Corporation tax detail

Profit before salary£80,000
Less: salary + employer NI−£13,706
Taxable profit£66,295
Effective corp tax rate20.8%
Corporation tax due£13,818

How the calculation works

  1. 1

    Salary deducted first

    Director salary and employer NI are deducted from company profit before calculating corporation tax. Both are allowable expenses.

  2. 2

    Corporation tax on remaining profit

    Profits up to £50k taxed at 19%. £50k–£250k uses marginal relief. Above £250k at 25%. Dividends are paid from post-tax profit.

  3. 3

    Personal income tax on salary

    Salary above your personal allowance (£12,570) is taxed at 20%, 40%, or 45%. Your personal allowance tapers above £100,000.

  4. 4

    Dividend tax on top

    First £500 is tax-free. Dividends then fill your remaining basic rate band at 8.75%, then higher rate at 33.75%.

HMRC sources

Disclaimer: This calculator is for illustrative purposes only and does not constitute tax advice. Figures are based on standard HMRC rates for 2026-27. Your actual liability may differ depending on your tax code, benefits in kind, pension arrangements, and other factors. Consult a qualified tax adviser before making remuneration decisions.

Frequently asked questions