Stable Numbers
Dividend Tax Calculator 2025/26
Calculates dividend tax for England, Wales and Northern Ireland. Salary uses your personal allowance first, dividends sit on top and use the £500 dividend allowance.
£
Taxable income that uses personal allowance first.
£
Personal allowance used against salary
Dividend allowance
At 8.75%
At 33.75%
At 39.35%
Estimated dividend tax
Method
- Personal allowance £12,570, taper begins at £100,000 and is removed by £125,140.
- Dividend allowance £500.
- Dividend rates 8.75 percent, 33.75 percent and 39.35 percent depending on where total income falls across the bands.
Salary uses your personal allowance first. Any remaining personal allowance can cover part of the dividends before the £500 allowance applies. Dividends are then split across the bands.