Free Tool

Salary vs Dividend Calculator

Find the most tax-efficient way to pay yourself from your UK limited company. See exactly how much you'll save with different strategies.

Updated for 2025/26 tax year (including April 2025 NI changes)

Your Company Details

Your company's profit available for extraction

Available if you have other employees (not just directors). Saves up to £10,500 in employer NI.

Recommended Strategy

Recommended

Salary

£12,570

Dividends

£29,399

Employer NI£1,136
Employee NI£0
Income Tax (Salary)£0
Income Tax (Dividends)£2,529
Corporation Tax£6,896
Total Tax£10,560
Net Take-Home£39,440
Effective Tax Rate21.1%

Salary of £12,570 uses your full personal allowance with minimal NI, while remaining profits are extracted as lower-taxed dividends.

Savings vs All Salary

+£4,146/year

All salary: £35,294

Optimal: £39,440

Strategy Comparison

Optimal (£12,570 salary)Best
£39,440
79%
21% tax
Salary: £12,570 | Dividends: £29,399Tax: £10,560
All Salary
£35,294
71%
29% tax
Salary: £44,130 | Dividends: £0Tax: £14,706
£12,570 Salary
£39,440
79%
21% tax
Salary: £12,570 | Dividends: £29,399Tax: £10,560
No Salary
£38,100
76%
24% tax
Salary: £0 | Dividends: £40,500Tax: £11,900
Take-home
Total tax

Explore Custom Salary

Custom Salary£12,570
£0£50,000

Detailed Comparison

StrategySalaryDividendsTotal TaxTake-HomeRate
OptimalBest£12,570£29,399£10,560£39,44021.1%
All Salary£44,130£0£14,706£35,29429.4%
£12,570 Salary£12,570£29,399£10,560£39,44021.1%
No Salary£0£40,500£11,900£38,10023.8%

Key 2025/26 Thresholds

Personal Allowance£12,570
Basic Rate Band£50,270
Dividend Allowance£500
Employer NI Threshold£5,000

Income Tax Rates

Basic Rate20%
Higher Rate40%
Additional Rate45%
(over £125,140)

Dividend Tax Rates

Basic Rate8.75%
Higher Rate33.75%
Additional Rate39.35%
No NI on dividends

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Frequently Asked Questions

Everything you need to know about salary vs dividend tax planning

How the Salary vs Dividend Calculator Works

As a UK limited company director, you have significant flexibility in how you extract money from your company. The two main methods are salary (employment income) and dividends (return on investment as a shareholder).

Why the Split Matters

Salary and dividends are taxed very differently. Salary attracts Income Tax and National Insurance (both employee and employer contributions). Dividends only attract Income Tax at special lower rates, with no NI. However, dividends are paid from post-Corporation Tax profits, while salary reduces your company's CT bill.

The Optimal Strategy for Most Directors

For most single-director companies without employees, the optimal strategy is:

  1. Take a salary equal to the personal allowance (£12,570) - This uses your tax-free allowance, builds state pension entitlement, and only costs minimal employer NI.
  2. Take remaining profits as dividends - Dividends are taxed at 8.75% (basic rate) vs 20% income tax, with no National Insurance.

April 2025 Changes

The tax landscape changed significantly in April 2025. Employer NI now starts at £5,000 (down from £9,100) and the rate increased from 13.8% to 15%. This makes the decision between salary and dividends even more important, as higher salaries now carry a greater employer NI cost.

Important Considerations

  • Employment Allowance - If you have other employees, you may qualify for up to £10,500 reduction in employer NI, making higher salaries more attractive.
  • Other Income - If you have employment income, rental income, or other taxable income, this affects which tax bands your company income falls into.
  • Pension Contributions - Company pension contributions are a very tax-efficient way to extract money, as they're Corporation Tax deductible and don't attract personal tax at the time.
  • Mortgage Applications - Lenders often prefer salary income over dividends, so you may need to balance tax efficiency with mortgage requirements.

Disclaimer

This calculator provides estimates based on standard 2025/26 tax rates and typical scenarios. Your actual situation may vary based on factors like residence status, other income sources, capital gains, or pension contributions. Tax rules change frequently. Always consult a qualified accountant for advice specific to your situation.