UK Dividend Tax Calculator
Estimate your dividend tax liability for the 2024/25 tax year.
£
Salary, rental income, etc. (Used to determine tax bands)
£
info
Allowance for 2024/25 is £500 (Previously £1,000).
Net Dividend Income
£4,650
Tax Payable
£350
Allowance Used
£500
Taxable Portion
£4,500
Tax Breakdown
| Basic Rate (8.75%) | £350.00 |
| Higher Rate (33.75%) | £0.00 |
| Additional Rate (39.35%) | £0.00 |
| Total Dividend Tax | £350.00 |
How Dividend Tax Works (24/25)
In the UK, you don't pay tax on dividend income that falls within your Personal Allowance (£12,570). You also get a specific Dividend Allowance each year.
Important Update:
For the 2024/25 tax year, the Dividend Allowance has been reduced to £500 (down from £1,000 in 23/24).
Dividend Tax Rates
| Band | Total Income | Rate |
|---|---|---|
| Basic | Up to £50,270 | 8.75% |
| Higher | £50,271 - £125,140 | 33.75% |
| Additional | Over £125,140 | 39.35% |