Gibraltar Salary vs Dividend Calculator
Model paying yourself from a Gibraltar company via salary (GIBS/ABS) versus largely tax-free dividends, after 15% corporation tax.
Salary / dividend split curve
| Salary | Dividend | Net-in-pocket |
|---|---|---|
| GB£0 | GB£85,000 | GB£85,000 |
| GB£5,000 | GB£80,750 | GB£84,788 |
| GB£10,000 | GB£76,500 | GB£84,507 |
| GB£15,000 | GB£72,250 | GB£83,907 |
| GB£20,000 | GB£68,000 | GB£83,187 |
| GB£25,000 | GB£63,750 | GB£81,760 |
| GB£30,000 | GB£59,500 | GB£80,560 |
| GB£35,000 | GB£55,250 | GB£79,360 |
| GB£40,000 | GB£51,000 | GB£78,160 |
| GB£45,000 | GB£46,750 | GB£76,960 |
| GB£50,000 | GB£42,500 | GB£75,760 |
| GB£55,000 | GB£38,250 | GB£74,560 |
| GB£60,000 | GB£34,000 | GB£73,360 |
| GB£65,000 | GB£29,750 | GB£72,160 |
| GB£70,000 | GB£25,500 | GB£70,960 |
| GB£75,000 | GB£21,250 | GB£69,760 |
| GB£80,000 | GB£17,000 | GB£68,560 |
| GB£85,000 | GB£12,750 | GB£67,360 |
| GB£90,000 | GB£8,500 | GB£66,160 |
| GB£95,000 | GB£4,250 | GB£64,960 |
| GB£100,000 | GB£0 | GB£63,760 |
Salary or dividend from your Gibraltar company: modelling the trade-off
Paying yourself from a Gibraltar limited company usually comes down to a choice between salary, taxed through GIBS or ABS plus social insurance, and dividends, which are largely tax-free once the company's 15% corporation tax has been paid. This calculator models both routes against the same company profit figure so you can see the combined company-and-personal result.
Because dividends carry no employee or employer social insurance charge and are generally untaxed in the shareholder's hands, a Gibraltar-resident owner-director typically ends up better off taking a modest salary and drawing the rest as dividends — but the right mix depends on your specific numbers, including any minimum salary you need for other purposes such as pension contributions.
How the comparison works
- Start from your company's profit before tax
- Corporation tax at 15% is applied to the portion of profit not paid out as salary (salary is a deductible expense, reducing the taxable profit)
- The salary portion is taxed to you personally under the lower of ABS or GIBS, plus employee social insurance at 10% and employer social insurance at 18%
- The dividend portion, paid from post-tax profits, is treated as tax-free to a Gibraltar-resident shareholder under the standard territorial-basis position
- The calculator totals the company tax plus personal tax for each salary/dividend split so you can compare the combined outcome
