Dividend Tax Calculator

Work out your dividend tax with our online dividend calculator

Use our free online dividend tax calculator to quickly work out how much tax you’ll pay on dividends from your limited company’s profits.

Dividend payments aren’t taxed at source in the same way that wages are, so you’ll need to submit a Self Assessment tax return to report them along with any other untaxed earnings you receive. You won’t need to pay National Insurance on your dividend income, so it’s important you record them separately!

The rate of dividend tax you’ll pay depends on the total amount you earn during the tax year from any source – such as a director’s salary. Working out your dividend tax bill also considers any tax allowances you’re entitled to, such as the Personal Allowance and Dividend Allowance.

Our calculator shows how much dividend tax you’ll need to pay based on the rates and allowances in force for the 2023/24 and 2024/25 tax years, taking into account any other income you receive during the year.

Read our guide to working out dividend tax to learn more about how our calculator works.

Why can't I use the dividend tax calculator past £100,000?

We’ve capped the dividend tax calculator at £100,000 because it can get a bit complicated from here! This is because the tax-free personal allowance starts to reduce once earnings go over this threshold.

For example, you could use more of your personal allowance taking out dividends (as your total income increases with them, meaning you’ll pay more in tax!). This can wipe out the tax-free dividend allowance – so the most tax-efficient option for you depends on your circumstances. With lots of variables, we look at tax-efficiency on a case-by-case basis, so please reach out to Ask an Accountant for more advice.