Calculator

Director Dividend Tax Calculator 2026/27

Estimate personal dividend tax for a company director taking salary plus dividends from their limited company. Enter your PAYE salary, total dividends drawn, and any other income to get an instant 2026/27 estimate.

PA remaining for dividends£0 Dividend allowance used£0 Taxable dividends£0 Tax at 8.75% (basic)£0 Tax at 33.75% (higher)£0 Tax at 39.35% (additional)£0 Total dividend tax£0 Net dividends after tax£0

Estimates only. Does not include PAYE income tax, National Insurance or corporation tax on company profits.

How it works

  1. Personal Allowance (£12,570) — Your salary uses the Personal Allowance first. Any remainder shelters dividend income from tax.
  2. Dividend Allowance (£500) — After the Personal Allowance, the first £500 of dividends is tax-free.
  3. Band split — Dividends stack on top of non-dividend income. Salary fills the basic-rate band (up to £50,270 total income) first; dividends then fill whatever space remains.
  4. Rates applied — 8.75% on dividends in the basic-rate band, 33.75% in the higher-rate band (£50,271–£125,140), 39.35% in the additional-rate band (above £125,140).

Worked example (defaults)

With a salary of £12,570 and dividends of £40,000: the salary uses the full Personal Allowance, leaving £0 PA for dividends. The £500 dividend allowance reduces taxable dividends to £39,500. The basic-rate band has £37,700 remaining (£50,270 − £12,570), so £37,700 is taxed at 8.75% (= £3,299) and £1,800 at 33.75% (= £608). Total dividend tax: approximately £3,907.

Corporation tax on company profits is separate and not included here. Use limitedcompanytaxcalculator.co.uk for a full company tax estimate.

Related guides

Frequently asked questions

Official sources

Disclaimer: Results are estimates based on 2026/27 rates. This tool does not constitute financial or tax advice. Consult a qualified accountant for your personal situation.