Dividend Tax Rates 2024/24. This amount is in addition to. Dividend tax rates for 2024/25.
Dividends are normally taxed as the ‘top slice’ of income. Dividend income is taxed at 8.75% (income up to the basic rate), 33.75% (higher rate) and 39.35% (additional rate).
The First Is Any Unused Personal Allowance (In 2024/25 This Is £12,570) And Then There Is The Dividend.
The amount of gross income you can earn before you are liable to paying income tax.
Dividend Ordinary Rate — For Dividends Otherwise Taxable At The Basic Rate:
In the 2017/18 tax year,.
8.75% If Your Income Tax Band Is The Basic Rate;
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As An Individual, You Can Currently Receive Maximum Dividends Of £500 Without Paying Income Tax.
For the 2024/25 tax year, dividend income beyond the £500.
Dividend Rates Tax Year 2023 To 2024 Tax Year 2024 To 2025;
The first is any unused personal allowance (in 2024/25 this is £12,570) and then there is the dividend.
The Dividend Allowance, Which Was First Introduced In 2016, Was Halved From £2,000 In 2022/23 To £1,000 In The 2023/24 Tax Year, And Is Being Halved Again To £500 In The.