Use our Excel web application to calculate your total tax liability for different salary and dividend levels for the 2013/14 tax year.
Read our overview of what dividends are and how they are taxed, and consult the explanatory notes further down the page for assumptions and further information relating to this calculator.
Simply enter your SALARY and NET DIVIDENDS in the yellow boxes below, and your salary and dividend tax liability will be displayed automatically.
|2013-14 Dividend Tax Calculator|
- If you accidentally delete any cells within the online calculator, they won’t be saved. Simply refresh the page to start again.
- This calculator has been created for the 2013-14 tax year. For the 2014-15 calculator, click here.
- For the sake of simplicity, the calculations assume you are eligible for the full personal allowance during the tax year of £9,440.
- If your total income for the year was £100,000 or over, the value of your personal allowance will have been reduced by £1 for every £2 you earned over this threshold. This is included within our calculations.
- The spreadsheet makes no provision for any extra income you may have earned during the year.
- Any dividends you draw down from your company are ‘net’ dividends, however this sum is multiplied by (10/9) to create the ‘gross’ dividend amount upon which you are taxed. Find out more in our dividend tax guide.
- Any dividend tax you owe for the tax year should be paid via the self-assessment process (submission and payment by the 31st Jan following the end of the tax year in question).
- All calculations have been verified by a chartered accountant. However, we would advise you to consult with your own accountant before submitting your tax return.