The Dividend Registry.
Calculator · 2026/27

Dividend Tax Calculator for 2026/27

Work out the tax on your dividends for the 2026/27 tax year. The calculator stacks dividends on top of your other income, just as HMRC does. Ad-free, no sign-up.

For 2026/27 the first £500 of dividends is tax-free, then 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. Enter your income and dividends below.

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?

What is the dividend allowance for 2026/27?

£500 — the first £500 of dividends is taxed at 0%, though it still uses up space in your tax band. Dividends above it are taxed at your dividend rate.

What are the 2026/27 dividend tax rates?

After the £500 allowance at 0%, dividends is taxed at 10.75% in the basic-rate band, 35.75% in the higher-rate band and 39.35% in the additional-rate band, depending on where they fall once stacked on your other income.

What changed for 2026/27?

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.

Are dividends in an ISA taxed in 2026/27?

No. Dividends held inside a stocks and shares ISA or a pension is free of UK tax in 2026/27, however large. Only dividends held outside a tax shelter count towards the figures above.

Other years & related

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.

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