
Work out your limited company’s Corporation Tax liability on profits generated during the 2026/27 tax year.
How to use the calculator
Enter your values in the blue boxes, and the tool will calculate the portion of your profits available for dividend distribution after accounting for business expenses and Corporation Tax.
To keep this tool as simple as possible, we have made several assumptions. Please scroll down for further information.
2026/27 Limited Company Tax Calculator
Annual Revenue
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Annual Business Expenses
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Annual Pension Contribution
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Annual Gross Salary
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Summary
Annual Turnover
£88,000.00
Less business expenses
Travel & Other
£5,000.00
Pension contributions
£4,000.00
Gross salary
£12,570.00
Employers NIC
£478.86
Total expenses
£22,048.86
Profits before tax
£65,951.14
Corporation Tax
£13,727.05
Net profits after tax Available for distribution as dividends
£0
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Notes, assumptions and tax tables
There are no company tax changes from the previous tax year. Although, importantly, when you work out your personal taxes, the basic and higher rates of dividend tax have increased by 2p each for 2026/27. Try our dividend calculator next.
- Corporation Tax rates increased in April 2023. Find out more here.
- We have ignored the Employment Allowance, which refunds Employers’ NICs up to £10,500 each calendar year. For most small companies (such as contractors), the impact of this incentive is likely to be minimal if you and/or your employees are paid low salaries.
- To find out the most tax-efficient director’s salary for 2026/27, read this key article.
- We have assumed that any billable work included within the ‘Annual Revenue’ figure does not fall within the scope of the IR35 rules.
- All calculations have been verified by our ACA-qualified accountant. Please talk to your accountant if you have any tax-related questions.
