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Dividend tax calculator

Use our 2025-26 and 2024-25 dividend tax calculator to work out how much tax you'll pay on the dividends you earn from shares
Josh WilsonSenior data journalist

Dividends are paid to investors who own shares in a company - they are a distribution of the profits a company has made.

If you hold shares outside of a stocks and shares Isa, you'll have to pay tax on the dividends you earn if they exceed your dividend allowance (£500 in both 2024-25 and 2025-26, down from £1,000 in 2023-24).

You can find out everything you need to know about it in our guide to dividend tax.

This calculator helps you work out how much dividend tax you'll pay on the dividends earned during the 2025-26 tax year, which started on 6 April 2025. It can also help you work out your bill for previous tax years.

Dividend tax calculator

To use our calculator, simply enter in the amount of dividends you think you'll earn over the 2025-26 or previous tax years.

You'll also need to enter in your gross income for the year so that we can correctly work out what rate of dividend tax you'll pay.

If you want to work out your bill for previous tax years, use the 'tax year' drop down to navigate.

Save on your tax bill

Members can use GoSimpleTax's tax calculator for £32.50 and avoid accountant fees

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What is the dividend allowance in 2024-25 and 2025-26?

In the 2025-26 tax year, you won't need to pay any tax on the first £500 of dividends you receive.

This is the same as it was in 2024-25, but cut from the £1,000 allowance in 2023-24.

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What are the dividend tax rates for 2024-25 and 2025-26?

Above the dividend tax-free allowance, you pay dividend tax based on the rate you pay on your other income - known as your 'tax band'.

So for 2024-25 and 2025-26, you'll pay (unchanged from 2023-24):

  • Basic-rate taxpayers pay 8.75% on dividends 
  • Higher-rate taxpayers pay 33.75% on dividends 
  • Additional-rate taxpayers pay 39.35% on dividends 

Read our guide on dividend tax to find out more about how the tax is applied.

Need help with your tax return?

Use the jargon-free calculator provided by GoSimpleTax to complete and securely submit your tax return direct to HMRC.

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Income tax on savings and investments

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