Dividend Tax Calculator (+ Salary)

Our dividend calculator applies the latest 2025/26 tax bands to work out Income Tax and National Insurance on both your salary and dividend income.
Just enter your annual or monthly salary along with any dividend income for a clear, line-by-line net-pay breakdown.
Free, fast and accurate—ideal for company directors, shareholders and anyone planning their finances with dividend income.

Per:
Yearly Monthly Weekly Daily*
Tax Free Allowance - - - -
National Insurane - - - -
Income/Salary Tax - - - -
Dividend Tax - - - -
Total Tax Due - - - -
Total Net Income - - - -

Updated for the current tax year (6 April 2025 to 5 April 2026)

How To Use The Dividends Calculator

Note: If the tax code entered does not match the selected tax region, the calculator will notify you of the error.

Please note that tax codes 'K', 'M', and 'N' are not yet implemented in this calculator.

All rates are from the HMRC website and are for the tax year from 6 April 2025 to 5 April 2026.

Dividend Tax Rates and Bands

Dividend Allowance: £500
(this was reduced from £1,000 in 2023/24 and £2,000 in 2022/23. It was £5,000 in 2016/17 😢 )

Band Dividend income Tax rate
Basic rate £0 to £37,700 8.75%
Higher rate £37,701 to £125,140 33.75%
Additional rate over £125,140 39.35%

Salary Tax Rates

England and Wales

Band Taxable income Tax rate
Personal Allowance Up to £12,570 0%
Basic rate £12,571 to £50,270 20%
Higher rate £50,271 to £125,140 40%
Additional rate over £125,140 45%

Scotland

Band Salary income Tax rate
Personal Allowance Up to £12,570 0%
Starter rate £12,571 to £15,397 19%
Basic rate £15,398 to £27,491 20%
Intermediate rate £27,492 to £43,662 21%
Higher rate £43,663 to £75,000 42%
Advanced rate £75,001 to £125,140 45%
Top rate over £125,140 48%

National Insurance

If you are employed, you will pay Class 1 National Insurance contributions. The rates below are the most common for most employees:

Income Over £100,000

If your annual salary exceeds £100,000 your PA (Personal Allowance) goes down by £1 for every £2 you earn above this threshold.
For instance, with a salary of £110,000 your PA would be £7570 (£12,570 - (£10,000 / 2)).
If your salary is £125,140 or higher, your PA reduces to £0.

Popular Salary Calculations:

£30,000
£40,000
£35,000
£25,000
£28,000
£50,000
£45,000

Disclaimer: Although the calculations are quite accurate, please use the provided information for illustrative purposes only. Do not make any major financial decisions without consulting a qualified specialist.

The daily income calculation accounts for the number of workdays in a year, including leap years, and UK Bank holidays, to precisely determine your daily earnings.