Dividend tax calculator 2026/27
Enter your income and dividends to see the tax due under the 2026/27 rates — the calculator stacks dividends on top of your other income, just as HMRC does. Ad-free, no sign-up.
Above a £500 tax-free allowance, UK dividends are taxed at 10.75%, 35.75% or 39.35% depending on the income-tax band they fall into. The basic and higher rates rose by two percentage points on 6 April 2026. The calculator below applies those rates, the £500 allowance and the £12,570 personal allowance, and tapers the personal allowance for income above £100,000.
Effective rate on dividends 9.7% · after-tax dividends £4,516.25
Versus last year. At 2025/26 rates you would have paid £393.75 — the April 2026 rise adds £90.00.
In an ISA. Held inside a stocks and shares ISA these dividends would be tax-free — a saving of £483.75.
Estimate only · England, Wales & Northern Ireland · 2026/27
How the figure is worked out
Dividends are the top slice of your income. Your other income is taxed first and fills the tax bands; your dividends then stack on top, and the band they land in sets their rate. The first £500 is covered by the dividend allowance at 0%, though it still uses up band space. The UK dividend tax guide explains each step with worked examples.
Scottish taxpayers pay Scottish income tax rates on earned income, but dividends are taxed at the same UK-wide rates shown here. The calculator covers dividends held outside a tax shelter — dividends inside an ISA or pension are tax-free and need not be entered.
- HM Revenue & Customs, Tax on dividends — the £500 allowance and the 2026/27 dividend rates.
- HM Revenue & Customs, Income Tax rates and Personal Allowances — the £12,570 allowance, the band thresholds and the £100,000 taper.
This calculator gives a general estimate of dividend tax for the 2026/27 tax year and is not tax advice. It assumes English, Welsh or Northern Irish rates and does not account for every personal circumstance. Check gov.uk or a qualified adviser before acting.
← Read the dividend tax guide