Updated for 2026/27

Salary vs dividend calculator 2026/27

Adjust director salary and dividend amounts to find the extraction mix that minimises total tax across company and personal layers. See employer NI, dividend tax and retained profit side by side.

Updated for 2026/27. Uses UK corporation tax, dividend tax and PAYE assumptions. Estimates only — not tax advice.

Calculate company tax Read the guides
Optimal extraction mixEmployer NI vs dividendsDividend tax ratesNet personal income
2026/27 tax year Company profit to personal take-home Salary plus dividends Retained cash shown

Limited company tax calculator

Company tax estimate

Adjust inputs below — results update instantly.

Tax year 2026/27
How do you want to enter company income?
£

Enter profit before director salary, pension contributions and corporation tax.

£

Annual profit used in calculations = monthly profit × 12.

£
£
Expenses exceed estimated turnover — check your inputs.
£
£
Expenses exceed estimated turnover — check your inputs.
£
£

Amount you plan to withdraw from available post-tax company profit.

Selected dividends exceed available post-tax company profit.
£
£
£47,874 personal take-home / year £3,989/mo
Personal take-home is based on salary and dividends withdrawn. Post-tax profit not withdrawn is retained company cash.
Monthly net
£3,989
Total tax
£18,325
Effective rate
24.4%
Personal take-home£47,874
Dividend tax£4,696
Employer NI£1,136
Corporation tax£12,493
Company pension£0
Retained company cash£8,801
Show detailed breakdown
Director salary£12,570.00
Employer National Insurance£1,135.50
Corporation tax£12,493.04
Salary income tax£0.00
Employee National Insurance£0.00
Dividend tax£4,696.25
Retained company cash£8,801.46
Personal take-home£47,873.75
Effective tax rate24.43%
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Quick answer

Compare salary vs dividends for UK limited company directors 2026/27. Find the optimal split to minimise NI, corporation tax and personal income tax. Free calculator.

Updated for 2026/27. Written and reviewed by James Whitfield against current GOV.UK and HMRC guidance · Editorial standards · Methodology. Estimates for planning only — not tax, accounting or financial advice.

Figures reviewed for the 2026/27 tax year (last updated July 2026). Source: GOV.UK.

Salary / dividend optimiser

The most tax-efficient split on £75,000 profit

Most directors pay themselves a small salary and take the rest as dividends, but the exact salary level changes your total tax bill. This tests the standard director salary levels against your profit figure and shows which keeps the most in your pocket. It uses the same engine as the calculator above, so every figure ties out.

Most efficient for you
A salary of £12,570 leaves you with £53,528 personal take-home — the highest of the options below, with a total tax bill of £21,471.
Director salary Dividends Corp tax Personal tax Take-home vs best
£0 £58,875 £16,125 £11,444 £47,430 −£6,097
£5,000 £55,200 £14,800 £10,130 £50,069 −£3,458
£9,100 £51,734 £13,550 £8,891 £51,943 −£1,585
£12,570 ★ £48,801 £12,493 £7,842 £53,528
£50,270 £14,530 £3,408 £15,572 £49,228 −£4,299

Why £12,570 wins: Uses the full Personal Allowance; salary is corporation-tax deductible. Each option pays out all available post-tax profit as dividends. Change the company profit, region or pension in the calculator above to refresh these numbers.

Assumes the director has no other personal income unless entered above, and that the company can pay the salary. It does not model the £5,000 Employment Allowance (unavailable to most single-director companies), pension tapering or student loans. Estimates for planning only — not tax advice.

About this calculator

Salary vs dividend calculator 2026/27: what it covers

This calculator focuses on one decision: the split between salary and dividends when extracting money from a limited company in 2026/27. The mix matters because the two are taxed on completely different systems. Salary is a deductible company expense that attracts employer National Insurance at 15% above £5,000, plus employee NI and income tax. Dividends carry no National Insurance at all but are paid from profit that has already borne corporation tax, and they have their own rates: 10.75% basic, 35.75% higher and 39.35% additional, after a £500 dividend allowance.

The common pattern is a £12,570 salary that uses the full Personal Allowance, topped up with dividends. After that salary, roughly £37,700 of dividends fall inside the basic-rate band up to £50,270 and are taxed at just 10.75%. Dividends above that point cross into the higher-rate band and jump to 35.75%, which is the step this tool is built to make visible.

The trade-off is straightforward once you see both sides together: salary triggers employer NI above £5,000 but reduces corporation tax as a deduction, while dividends avoid NI entirely but sit on top of already-taxed profit. Adjusting the split here shows where the combined company-and-personal tax is lowest for your profit level.

Common questions

Salary vs dividend calculator 2026/27 — FAQs

Why not just take everything as dividends to avoid National Insurance?
Dividends avoid NI, but a modest £12,570 salary is usually still worth taking because it uses your tax-free Personal Allowance and is a deductible company expense that lowers corporation tax. Taking no salary wastes the allowance and the deduction. The optimal answer for most directors is a salary plus dividends, not one or the other.
How much of my dividends is taxed at only 10.75%?
After a £12,570 salary, dividends fill the rest of the basic-rate band up to £50,270, which is about £37,700 of dividends. The first £500 is covered by the dividend allowance, and the remainder in that band is taxed at 10.75%. Dividends above £50,270 move into the 35.75% higher rate.
What actually changes when I take more salary instead of dividends?
More salary increases the company's deductible expense (cutting corporation tax) but adds employer NI at 15% above £5,000, plus employee NI and income tax above £12,570. More dividends avoid NI but come from post-corporation-tax profit. The calculator nets these opposing effects so you can see the combined tax at each split.
Does the split affect corporation tax as well as personal tax?
Yes. Salary is deducted before corporation tax, so a higher salary reduces the company's corporation tax bill. Dividends are not deductible, so they do not reduce it. That is why the best split depends on both layers together, not personal tax alone.
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Getting set up

Business bank accounts

A limited company must keep its finances separate from personal accounts. These accounts are free to open.

Starling Business
Permanently free, no monthly fee. A fully licensed UK bank - deposits up to £85,000 are FSCS protected. Accepts limited companies and sole traders. 0.7% on Post Office cash deposits.
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Tide
Free to open. Built-in invoicing and expense tracking. 20p per outgoing transfer on the free tier (Tide Plus is £9.99/month). Funds are safeguarded as e-money, not FSCS protected. Usually has a new-account offer.
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Mettle by NatWest
Free. Single-director limited companies only (max two owners, one account user). Includes FreeAgent bookkeeping at no extra cost. Funds are safeguarded as e-money, not FSCS protected. No cash deposits.
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Registering at Companies House

Companies House now charges £100 to register a limited company online (up from £50 in February 2026). Same-day digital registration is £156. You can register directly at gov.uk or through a formation agent.