ABCDEFGHIJKLMNOPQRS
1
Same as beforeFull allowanceMinimum wage (ish)152 per weekNo salaryAll salary
2
Gross Salary£ 7,752.00£ 10,000.00£ 12,000.00£ 6,000.00£ 0.00£ 41,865.00
3
Income Tax£ 0.00£ 0.00£ 400.00£ 0.00£ 0.00£ 6,373.00
4
Employee NI£ 0.00£ 245.28£ 485.28£ 0.00£ 0.00£ 4,069.08
5
Employer NI£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00£ 2,679.44
6
Corporation Tax Saving£ 1,550.40£ 2,000.00£ 2,400.00£ 1,200.00£ 0.00£ 8,908.89
7
Net Salary£ 7,752.00£ 9,754.72£ 11,114.72£ 6,000.00£ 0.00£ 31,422.92
8
Net Salary (per month)£ 646.00£ 812.89£ 926.23£ 500.00£ 0.00£ 2,618.58
9
Total cost/saving (taxes + NI)-£ 1,550.40-£ 1,754.72-£ 1,514.72-£ 1,200.00£ 0.00£ 4,212.63
10
11
Maximum annual gross dividend below higher rate threshold£ 34,113.00£ 31,865.00£ 29,865.00£ 35,865.00£ 41,865.00£ 0.00
12
Maximum net dividend£ 30,701.70£ 28,678.50£ 26,878.50£ 32,278.50£ 37,678.50£ 0.00
13
Monthly dividend income£ 2,558.48£ 2,389.88£ 2,239.88£ 2,689.88£ 3,139.88£ 0.00
14
Total monthly income up to higher rate£ 3,204.48£ 3,202.77£ 3,166.10£ 3,189.88£ 3,139.88£ 2,618.58
15
16
17
Tax Free Allowance£ 10,000.00
18
Employer NI Allowance£ 2,000.00
19
Employee NI Threshold (per week)£ 153.00Tax Rate12.00%
20
Employer NI Threshold (per week)£ 153.0013.80%
21
Higher rate threshold£ 31,865.00
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100