ABCDEFGHIJKLMNOPQRSTU
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Full allowanceMinimum wage (ish)152 per weekNo salaryAll salaryCustom
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Gross Salary£ 10,600.00£ 12,000.00£ 6,000.00£ 0.00£ 41,865.00£ 0.00
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Income Tax£ 0.00£ 280.00£ 0.00£ 0.00£ 6,253.00£ 0.00
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Employee NI£ 304.80£ 472.80£ 0.00£ 0.00£ 4,056.60£ 0.00
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Employer NI£ 0.00£ 0.00£ 0.00£ 0.00£ 2,657.91£ 0.00
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Corporation Tax Saving£ 2,120.00£ 2,400.00£ 1,200.00£ 0.00£ 8,904.58£ 0.00
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Net Salary£ 10,295.20£ 11,247.20£ 6,000.00£ 0.00£ 31,555.40£ 0.00
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Net Salary (per month)£ 857.93£ 937.27£ 500.00£ 0.00£ 2,629.62£ 0.00
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Total cost/saving (taxes + NI)-£ 1,815.20-£ 1,647.20-£ 1,200.00£ 0.00£ 4,062.93£ 0.00
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Shareholder One
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Shareholding100.00%
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Maximum annual gross dividend below higher rate threshold£ 31,785.00£ 30,385.00£ 36,385.00£ 42,385.00£ 520.00£ 42,385.00
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Maximum net dividend£ 28,606.50£ 27,346.50£ 32,746.50£ 38,146.50£ 468.00£ 38,146.50
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Monthly dividend income£ 2,383.88£ 2,278.88£ 2,728.88£ 3,178.88£ 39.00£ 3,178.88
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Total monthly income up to higher rate£ 3,241.81£ 3,216.14£ 3,228.88£ 3,178.88£ 2,668.62£ 3,178.88
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Shareholder Two
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Shareholding (calculated)0.00%
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Annual gross dividend (relative to shareholder one)£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00
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Annual net dividend£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00
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Monthly dividend income£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00
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Salary (optional)£ 0.00Monthly:£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00£ 0.00
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TOTALS
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Total annual income£ 38,901.70£ 38,593.70£ 38,746.50£ 38,146.50£ 32,023.40£ 38,146.50
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Total monthly income£ 3,241.81£ 3,216.14£ 3,228.88£ 3,178.88£ 2,668.62£ 3,178.88
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Tax Free Allowance£ 10,600.00
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Employer NI Allowance£ 2,000.00Tax Rate
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Employee NI Threshold (per week)£ 155.0012.00%
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Employer NI Threshold (per week)£ 156.0013.80%
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Higher rate threshold£ 31,785.00
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