Our Limited Company Tax Calculator is designed to help UK-based limited company contractors and small business owners estimate their tax liabilities for the 2024-2025 financial year. By inputting your annual turnover, expenses, pension contributions, and gross salary, you can gain a clear understanding of your company's financial position.
Whether you are a contractor, freelancer, or small business owner in the UK, this tool will help you understand how much tax your company owes and how much you can take home after taxes.
Enter the following details to estimate your tax obligations:
Your company's total revenue for the year, excluding VAT.
Include deductible expenses such as:
Company pension contributions reduce your corporation tax liability and are tax-efficient.
Total salary paid to all employees, including the director(s). Salaries are subject to Income Tax and National Insurance Contributions (NICs).
Summary | Expenditure | Limited Company Profits |
---|---|---|
Annual Turnover | 0.00 | |
Less: | ||
Annual Business Expenses | 0.00 | |
Pension Contributions | 0.00 | |
Gross Salary | 0.00 | |
Employer’s NIC | 0.00 | |
Total Expenditure | 0.00 | |
Profit Before Tax | 0.00 | |
Corporation Tax | 0.00 | |
Net Profit available for distribution as Dividends | 0.00 |
Calculated as:
Turnover - (Expenses + Salary + Pension Contributions)
Based on UK tax rates:
The remaining profit after corporation tax.
After paying corporation tax, remaining profits can be taken as dividends:
Important Note: This tool provides an estimate only. For personalised advice, consult a qualified accountant.
🔗 Visit Gov.uk for official tax rates.