If you are a Director & Shareholder of your own Company, you can use our Tax Calculator to see how the new Dividend Tax will affect you. See previous post for more information on the new Dividend Tax.
Once you have opened the Tax Calculator you can enter your Limited Company’s expected profit (before Directors Salaries) and also how much Dividends you expect to be paid from the Company. You can also change the salary level if you wish, but we’d advise you to leave this at a minimal level (i.e. the most tax efficient for you). Our Tax Calculator will show you how much more tax you will have to pay under the new Dividend Tax rules.
Click on the link below to start using our Tax Calculator:-
* NB: this calculator does not take into account any other personal income you may have e.g. pension, rental income etc. Please contact us if you have other taxable income which may affect your dividend tax calculation.