Owner-Operator Tax Tool

This calculator is provided for general guidance only and is intended to give a broad estimate based on standard UK tax assumptions. It does not take account of your full personal or company circumstances and should not be relied upon as tax advice.

Actual tax liabilities may differ depending on factors such as other income, benefits in kind, student loans, pension allowances, associated companies, director NIC rules, residence, devolved tax rates, and changes to tax legislation.

Before making salary, dividend, pension or company profit extraction decisions, you should take professional advice based on your specific circumstances. MW Finman Ltd will be happy to help.

Inputs

Company profit pot before tax and owner salary

Employer pension contribution

Deducted before corporation tax

Gross salary

Employer NIC is calculated and tethered automatically

Dividends declared

Capped to post-tax distributable profit

Reset Pay maximum possible dividends

Summary

Total tax as % of profit pot

Total taxes paid

Owner cash extraction

Take-home + employer pension

Post-tax company profit before dividends

Company retained profit after dividends

Tax breakdown

Corporation tax

Employer NIC

Employee NIC

Income tax on salary

Dividend tax

UK assumptions: England/Wales/Northern Ireland income tax bands, non-ring-fence corporation tax with marginal relief, and no associated-company, no student loan, no benefit-in-kind, no annual allowance or prior-income adjustments. Assumed no other sources of income.