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Calculator · 2026/27

Dividend tax calculator 2026/27

Work out the tax on dividends after the £500 allowance, using 2026/27 rates. Everything runs in your browser; this is an estimate, not tax advice.

Last checked against GOV.UK: 6 November 2026. Tax year 2026/27.

Estimate your dividend tax

Enter your salary or other income that is not dividends, then the dividends you received before tax. The calculator applies your personal allowance first, then the dividend allowance and the 2026/27 dividend rates.

£

Gross income before tax. Don't include dividends here.

£

The amount before tax, as shown on your dividend vouchers.

Estimate

Dividend tax due

£484

Personal allowance used on dividends
£0
Dividend allowance at 0%
£500
Ordinary rate (10.75%) on £4,500
£484

Effective rate on dividends: 9.68%

Dividends of £500 to £10,000: tell HMRC about them through a tax code change or a Self Assessment return.

Dividends sit on top of your other income, and the £500 dividend allowance still uses up band space.

Not affiliated with HMRC. General information, not professional tax advice. Check GOV.UK or speak to a qualified adviser for your situation.

Inputs and limitations

  • Salary or other non-savings income: use the gross amount before tax. Do not include dividends here.
  • Dividends: use the amount before tax shown on your dividend vouchers. The £500 dividend allowance is taxed at 0%, but it still uses up room in the tax bands.
  • Income covered by your unused personal allowance is not taxed. Dividends held in an ISA are not taxed, so leave them out.
  • This is an estimate for England, Wales and Northern Ireland using 2026/27 rates. It does not include savings income or tax already paid through PAYE, and it does not file a return for you.

Worked example

GOV.UK's example uses wages of £29,570 and dividends of £3,000.

  1. 1. The personal allowance is set against the wages first.
  2. 2. The £500 dividend allowance covers the first £500 of the £3,000 dividends.
  3. 3. The remaining £2,500 of dividends is taxed at 10.75%.

£2,500 × 10.75% = £268.75 dividend tax

Related guide and official guidance

Dividend tax rates for 2026/27Paying yourself from a limited companyTax on dividends on GOV.UK (opens in a new tab)

Check your own figures against GOV.UK before you act. The official guidance covers the £500 allowance, the 10.75%, 35.75% and 39.35% rates, and when dividends are covered by your personal allowance or an ISA.

Not affiliated with HMRC. General information, not professional tax advice. Check GOV.UK or speak to a qualified adviser for your situation.