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DIVIDENDS · 2026/27

Dividend tax calculator

Estimate the tax due on dividends after other income and the dividend allowance.

Estimated Dividend Tax

£4,696
Net dividends
£35,304
Dividend allowance
£500

SOURCES & REVIEW

Checked against official guidance

Last reviewed 1 September 2026 · Rule version GB-2026.27.1

Daily/weekly source monitoring. If a source changes, the affected rule set is reviewed before publication.

All source links are kept visible so you can verify the figures used on this page.

GOV.UK: Tax on dividendsSources, methodology and update policy →Report an issue or correction →

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WHY RESULTS DIFFER

Why two users can see different results

Why the result can differ

Different tax codes, payroll periods, Scottish bands, pension methods or lender assumptions can change the outcome.

One-off bonuses, pay frequency, overpayments, allowances and reliefs can move the result away from a simple annual estimate.

Where a rule depends on eligibility or legal status, this page shows an estimate and links to official guidance.

This section is intentionally repeated on key tools so the explanation stays near the result instead of being hidden in a separate policy page.

COMMON QUESTIONS

Frequently asked questions

Are dividends covered by the Personal Allowance?

Unused Personal Allowance may cover dividend income before the dividend allowance and rates are applied.

Do dividends attract National Insurance?

Dividend income does not normally attract employee National Insurance.

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