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Free tool · 2026/27 rates · No sign-up

Dividend vs salary calculator

The classic director question: pay it all as salary, or a small salary plus dividends? Compare both routes at your profit level.

Route 1 — all salary: net in hand£56,957
Route 2 — £12,570 salary + dividends: net in hand£57,357
Corporation tax paid (route 2)£14,119
Dividend tax paid (route 2)£8,524
Salary + dividends keeps more by£400
Simplified comparison: employer NI and the employment allowance are excluded, 2026/27 rUK rates, no other income. The real optimum depends on pensions and your circumstances — this shows the shape, not your answer.

Why directors split salary and dividends

Salary is deductible for the company but attracts income tax and NI. Dividends are paid from profits after corporation tax, but carry no NI and lower personal rates (8.75% / 33.75% / 39.35%). The classic pattern — salary to the £12,570 allowance, dividends above it — usually wins, but by how much depends on your profit level and the corporation tax band you're in.

What this leaves out

Employer NI and the employment allowance, pension contributions (often the single biggest lever), other income, and Scottish rates. The calculator shows the shape of the decision; the exact optimum for your company is what a remuneration review is for — ours is a £249 fixed fee.

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