This tool allows you to calculate the effect of the new dividend tax on an owner-managed or small family businesses. The new tax bill is calculated using the tax rates and bands for the 2016/17 tax year.
You can also view the comparable figures for the 2015/16 year (prior to the introduction of the dividend tax) to see how much the tax bill will change.
The calculator also calculates the company tax bill, and shows how much this tax bill will fall due to the planned cuts in the Corporation Tax rate between now and 2020.
Please enter the relevant details below and click "Calculate" to view the results:
Enter income and expenses details for company:
Gross Income:
Director or Directors Pay:
Other Expenses:
Enter income figures for the business owner:
Employment Income:	All of Director Pay entered above Half of Director Pay entered above Enter pay figure manually below
Dividend Income:	All after-tax profits above Half after-tax profits above Enter dividend figure manually below
Child Benefit received:
		Calculate