Tax calculator
Dividend tax calculator 2026/27
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Estimate the tax on your dividends in the 2026/27 tax year. Dividends sit on top of your other income, so enter your salary or other taxable income too.
Illustrative only, not financial or tax advice. Results depend entirely on the figures you enter. Figures filled in below are labelled “Example figure” — they aren’t recommendations.
Estimate your dividend tax
Your illustrative results
- Dividend tax for the year
- –
- Dividend allowance used
- –
- Personal Allowance left for dividends
- –
- Effective rate on dividends
- –
After the £500 allowance.
Up to £500, taxed at 0%.
Any allowance not used by other income.
Dividend tax ÷ dividends × 100.
| Slice of dividends | Amount | Rate | Tax |
|---|
How this calculator works
This calculates tax on dividends only, not on your other income. It ignores savings interest and the savings allowances.
Scottish taxpayers pay UK rates on dividends; because Scottish bands apply to other income, the overall picture can differ, so treat the result as a guide. Results are rounded to the penny.
GOV.UK’s worked example — £29,570 wages and £3,000 dividends — gives £268.75 of dividend tax, which this calculator matches.
The formulas we use
Personal Allowance (tapered over £100,000 of total income) is used by other income first, then dividends.
Dividends are stacked on top of other taxable income. The first £500 is taxed at 0% but still uses up band space.
Rates on the rest: 10.75% up to £37,700 of taxable income, 35.75% up to £125,140, 39.35% above.
Dividend tax 2026/27
| Band | Rate on dividends over the allowance |
|---|---|
| Dividend allowance | £500 at 0% |
| Basic rate | 10.75% |
| Higher rate | 35.75% |
| Additional rate | 39.35% |
Source: GOV.UK, checked 4 October 2026. Dividends in an ISA aren’t taxed.
FAQ
What is the dividend allowance for 2026/27?
£500 a year, as of 4 October 2026.
Did dividend tax rates change in April 2026?
Yes. For 2026/27 GOV.UK shows 10.75% (basic) and 35.75% (higher), with 39.35% for additional rate.
Do I pay dividend tax on ISA dividends?
No.
When do I need to tell HMRC?
If your dividends are above both your unused Personal Allowance and the dividend allowance, you need to report them.
Does this calculator store my figures?
No.
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