Limited company tax and profits calculator

If you’re a company owner, this useful calculator will work out your net profits, after allowing for expenses and tax.

Simply enter your company’s turnover and allowable business expenses to generate the gross profit figure. After allowing for Corporation Tax on gross profits, the retained profit can be distributed as dividends.

2021/22 Limited Company Profits Calculator

Notes and assumptions

  • The current rate of Corporation Tax is 19%.
  • The calculator assumes that the company is not eligible to claim the Employment Allowance (a rebate on employers’ NIC costs). Many small companies are not eligible to claim the EA.
  • To see how much tax shareholders must pay on dividends, try our dividend and salary calculator.
  • If you have any questions relating to your business profits, expenses, or any other aspect of your company’s finances, make sure you talk to your accountant.