Close video

New 123 Dividend Calculator

Tuesday 17th June 2014

Our new 123 Dividend Calculator - this shows you what you can expect to pay in personal income tax for the 2014-15 tax year.

The tax year runs from 6 April 2014 to 5 April 2015 and the calculator assumes your PAYE code is 1000L - the most common code by far.

Simply enter your gross salary for the year, any other income you expect to receive and the total dividends you would like to draw during the year and the calculator will work out your personal income tax and student loan liability (if you have one – if you don’t then simply ignore this figure).

You can use the calculator as an ongoing tool each month, putting in your income to date and the dividend you want to take that month to check that you do not cross the higher rate tax threshold and then have to start paying income tax on your dividends.

The results should be taken as an indication of your personal income tax liability - every persons tax position is different, for a more detailed forecast please call us on 0845 834 0269 or drop us an email at info@123contracting.co.uk

Share This


GO

Popular Tags

IR35 (9) VAT (11) HMRC (49) Expenses (17) Dividends (11) Corporation Tax (19) Income Tax (34) Inheritance Tax (4) Self Assessment (27) PAYE (14) National Insurance (12) Annual Return (2) Companies House (9) Salary (12) Limited Company (56) Accounts (6) Company Secretarial (4) Insurance (6) Pensions (11) Mortgages (14)

Recent Articles

Budget 2018 Tax efficient salary and dividends in 2018-19 Pension contributions directly from your limited company Employer's National Insurance Allowance Budget 2016

Archive

August 2011 (1) October 2011 (1) November 2011 (1) March 2012 (1) March 2013 (3) May 2013 (1) June 2013 (18) July 2013 (5) September 2013 (1) October 2013 (4) November 2013 (5) December 2013 (5) January 2014 (4) February 2014 (5) March 2014 (5) April 2014 (4) May 2014 (4) June 2014 (4) July 2014 (4) August 2014 (3) September 2014 (4) October 2014 (4) November 2014 (8) January 2015 (3) February 2015 (3) March 2015 (2) April 2015 (3) May 2015 (3) June 2015 (3) July 2015 (3) August 2015 (3) September 2015 (3) October 2015 (3) November 2015 (2) December 2015 (3) January 2016 (4) February 2016 (3) March 2016 (1) April 2016 (1) August 2018 (2) November 2018 (1)