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UK dividend tax calculator

Enter your income and dividends to see the tax due under the current 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 dividend rates each rose by two percentage points on 6 April 2026 (Autumn Budget 2025) — basic 8.75% → 10.75%, higher 33.75% → 35.75%. The additional rate and the £500 allowance were unchanged. 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.

Salary, pension or other income — this sets which tax band your dividends fall into.
Total dividends for 2026/27 held outside an ISA or pension.
Your dividend tax · 2026/27
Dividend income£5,000.00
Tax-free (£500 dividend allowance)−£500.00
£4,500 taxed at basic rate (10.75%)£483.75
Dividend tax due£483.75
How your dividends are taxed

Of your £5,000 of dividends: £500 tax-free, then £4,500 in the basic-rate band.

Effective rate on dividends 9.7% · after-tax dividends £4,516.25

Versus 2025/26. At the 2025/26 rates the same dividends were taxed £393.75 — the current rates add £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 · Scottish taxpayer?

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. For a page fixed to a specific tax year, see the current 2026/27 calculator, or previous years: 2025/26, 2024/25.

Sources

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