This tool will show you how the main political party tax policies could affect you if you withdraw profits from your business via a combination of salary and dividends.
In the 2019 Labour manifesto, the party has effectively equalised the tax treatment of dividends with income tax. All rates to dividends applied will be subject to the same conditions as regular salary. In addition, corporation taxes will also be heading up (though alleviated by a re-introduction of small companies rate).
If you want to see the affect on just take home pay from employment, use our Election 2019 tax calculator.
Check out our full election 2019 tax policy breakdown. We are keeping track of updates and make changes as they are announced.
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