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AfriTaxCalc

R431,261.30 a year

Workings

Salary or dividends calculator

For owner-directors: compare taking your company's profit as salary, as dividends or a mix, after company tax, dividends tax, PAYE, UIF and the skills levy.

2026/27 tax yearVerified against SARS · 23 October 2026

What you keep for the year

R431,261.30

Taking R300,000.00 as salary and the rest as a dividend leaves you R431,261.30 of the R600,000.00 profit. Taking all salary would leave R459,818.77.

All dividends
R350,400.00
Your mix
R431,261.30
All salary
R459,818.77

Assumes the company pays out all its profit after tax as a dividend this year, and that you're under 65 with no other income.

Your company and your pay

Before paying yourself.

The rest is paid out as a dividend. 0 for all dividends.

Company tax
Do you contribute to UIF?

Most owner-directors on a salary do.

Updates as you type. Nothing leaves your browser.

What people ask next

Workings

Company profit before your payR600,000.00
Your salary(R300,000.00)
Company's UIF [4]1% up to R177.12 a month(R2,125.44)
Company's taxable profitR297,874.56
Company tax at 27% [1](R80,426.13)
Dividend paid to youR217,448.43
Dividends tax at 20% [2](R43,489.69)
PAYE on your salary [3]the salary calculator, under 65(R40,572.00)
Your UIF [4](R2,125.44)
What you keepsalary after PAYE and UIF, plus the dividend after taxR431,261.30

Uses SARS's 2026/27 tax tables, company tax at 27% (or the small business table) and dividends tax at 20%. Checked 23 October 2026; see the numbered sources. Estimates for guidance only, not tax or financial advice.

The trade-off

A salary is an expense for the company, so it saves company tax at 27%, but you pay PAYE on it at up to 45%, plus UIF. A dividend is paid from profit after company tax, and 20% dividends tax is withheld, so profit paid out as a dividend carries about 41.6% in total.

Where the balance usually falls

A small salary is almost always worth taking: under 65, the first R99,000 a year carries no PAYE at all, and every rand of it saves company tax. Above that, it depends on your PAYE bracket. This calculator compares all dividends, your mix and all salary, so you can see which leaves you more.

What it assumes

The company pays out all its profit after tax as a dividend in the same year, you have no other income, and you’re under 65 with no medical aid or retirement contributions. Real life is rarely that tidy, so treat the answer as a starting point for a conversation with your accountant.