Dividend vs Salary - Calculation Result
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If the entire £ Profit is taken as Dividend/Personal Allowance Salary (Incorporated) |
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£ Gross Profit before taking a Basic Salary from it (Up to your tax free allowance) |
£0.00 Salary taken from Gross Profit |
£0.00 Employers NI taken from Gross Profit |
£0.00 paid as Class 1 National Insurance Contributions on the Basic Salary (Employees NI) |
£0.00 new Gross Profit declared |
£0.00 Corporation Tax on Gross Company Profit |
£0.00 Net Company Profit |
£0.00 tax on £0.00 NET Dividend |
£0.00 Total Take Home Pay from £ Company Profits after all tax deductions |
£0.00 Total Taxation |
0% Total Tax (DIVIDEND) |
If the entire £ Profit is taken as Dividend/Secondary Threshold Salary (Incorporated) |
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£ Gross Profit before taking a Basic Salary from it (Up to your tax free allowance) |
£0.00 Salary taken from Gross Profit |
£0.00 Employers NI taken from Gross Profit |
£0.00 paid as Class 1 National Insurance Contributions on the Basic Salary (Employees NI) |
£0.00 new Gross Profit declared |
£0.00 Corporation Tax on Gross Company Profit |
£0.00 Net Company Profit |
£0.00 tax on £0.00 NET Dividend |
£0.00 Total Take Home Pay from £ Company Profits after all tax deductions |
£0.00 Total Taxation |
0% Total Tax (DIVIDEND) |
Use the maximum amount of the £ Profit to take a Directors Salary (Salary + Employers NI must be less than Gross Profit) |
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£0.00 paid as Employers National Insurance |
£0.00 New Profit figure (This will be the directors salary, as Employers NI is now paid) |
£0.00 Personal Tax Free Allowance |
£0.00 paid as Class 1 National Insurance (Employed NI) |
£0.00 paid as Income Tax |
£0.00 Net Income from £0.00 New Company Profits |
£0.00 Total Taxation considering Employers NI of £0.00 |
0% Total Tax (FULL DIRECTORS SALARY) Net Salary £0.00 (£0.00 GROSS SALARY from £0.00 GROSS PROFIT) |
If the entire £0.00 Profit is taken as Sole Trader Profits |
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£ Gross Company Profit before taking Salary |
£0.00 Personal Tax Free Allowance |
£0.00 paid as Weekly Self-Employed National Insurance Contribution |
£0.00 paid as Class 4 National Insurance (Self-Employed NI) |
£0.00 paid as Income Tax |
£0.00 Net Income from £ Company Profits |
£0.00 Total Taxation |
0% Total Tax (SOLE TRADER) |