Home Premium Bonds limit Time limits National Minimum Wage

Dividend Tax

This is a preliminary test site only.  When ready it will be available as an app for I-phone, I-pad and android devices.  

The info on this site is restricted to law in England and Wales. Users must check accuracy for themselves.  Neither the publishers nor info providers accept liability whether for any errors or omissions or otherwise.

NOTE TO LEGAL and ACCOUNTANCY PROFESSIONALS  

we offer FREE advertising in return for assistance in preparation of content.  If you or your firm might be interested please contact Henry Scrope at: henryscrope@btinternet.com

Return to Main Index (Home)

Basis

  Tax Rate

Notes

Useful links

Statutory ref

Last updated

Author

First £2,000

0%

Dividend tax in its current form was introduced wef 6th April 2016 (note: dividend tax credits ceased at the same time).

UK gov't notes "Tax on dividends"

Finance (No 2) Act 2017 s.8
and
Finance Act 2016 s.5

22nd November 2018

HJS

Basic rate taxpayer

7.50%

The tax free part of income from dividends was £5,000 wef 6th April 2016, reduced to £2,000 wef 6th April 2018

Ross Martin notes on Dividend Tax

Finance (No 2) Act 2017 s.8
and
Finance Act 2016 s.5(3)

22nd November 2018

HJS

Higher rate taxpayer

32.50%



Income Tax Act 2007 s.8(2)

22nd November 2018

HJS

Additional rate taxpayer

38.10%



Finance Act 2016 s.5(3)

22nd November 2018

HJS

Return to Main Index (Home)