Dividends vs Salary - Calculation Result

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April 24th 2024
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Dividend vs Salary - Calculation Result

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If the entire £ Profit is taken as Dividend/Personal Allowance Salary (Incorporated)
£ Gross Profit before taking a Basic Salary from it (Up to your tax free allowance)
£0.00 Salary taken from Gross Profit
£0.00 Employers NI taken from Gross Profit
£0.00 paid as Class 1 National Insurance Contributions on the Basic Salary (Employees NI)
£0.00 new Gross Profit declared
£0.00 Corporation Tax on Gross Company Profit
£0.00 Net Company Profit
£0.00 tax on £0.00 NET Dividend
£0.00 Total Take Home Pay from £ Company Profits after all tax deductions
£0.00 Total Taxation
0% Total Tax (DIVIDEND)
If the entire £ Profit is taken as Dividend/Secondary Threshold Salary (Incorporated)
£ Gross Profit before taking a Basic Salary from it (Up to your tax free allowance)
£0.00 Salary taken from Gross Profit
£0.00 Employers NI taken from Gross Profit
£0.00 paid as Class 1 National Insurance Contributions on the Basic Salary (Employees NI)
£0.00 new Gross Profit declared
£0.00 Corporation Tax on Gross Company Profit
£0.00 Net Company Profit
£0.00 tax on £0.00 NET Dividend
£0.00 Total Take Home Pay from £ Company Profits after all tax deductions
£0.00 Total Taxation
0% Total Tax (DIVIDEND)
Use the maximum amount of the £ Profit to take a Directors Salary
(Salary + Employers NI must be less than Gross Profit)
£0.00 paid as Employers National Insurance
£0.00 New Profit figure (This will be the directors salary, as Employers NI is now paid)
£0.00 Personal Tax Free Allowance
£0.00 paid as Class 1 National Insurance (Employed NI)
£0.00 paid as Income Tax
£0.00 Net Income from £0.00 New Company Profits
£0.00 Total Taxation considering Employers NI of £0.00
0% Total Tax (FULL DIRECTORS SALARY)
Net Salary £0.00 (£0.00 GROSS SALARY from £0.00 GROSS PROFIT)
If the entire £0.00 Profit is taken as Sole Trader Profits
£ Gross Company Profit before taking Salary
£0.00 Personal Tax Free Allowance
£0.00 paid as Weekly Self-Employed National Insurance Contribution
£0.00 paid as Class 4 National Insurance (Self-Employed NI)
£0.00 paid as Income Tax
£0.00 Net Income from £ Company Profits
£0.00 Total Taxation
0% Total Tax (SOLE TRADER)
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