Dividend Tax Calculator 2025/26

Calculate your dividend tax for the 2025/26 tax year. Ideal for limited company directors, self-employed individuals, and investors. Includes the £500 dividend allowance, income tax on salary, and National Insurance contributions.

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Scottish taxpayers have different income tax bands but dividend tax rates are the same UK-wide.

Your tax summary

Net income£48,539
Total income£52,570
Income tax on salary£0
Dividend tax£4,031
National Insurance£0
Effective overall rate7.7%
Effective dividend rate10.1%
Total tax£4,031

Income breakdown

£48,539Take-home
Take-home pay£48,539
Income Tax£0
Dividend Tax£4,031

Full breakdown

ItemAnnualMonthly
Salary / other income£12,570.00£1,047.50
Dividends£40,000.00£3,333.33
Personal Allowance£12,570.00£1,047.50
Income Tax (on salary)-£0.00-£0.00
Dividend Allowance£500.00£41.67
Dividend Tax-£4,031.25-£335.94
National Insurance-£0.00-£0.00
Total deductions-£4,031.25-£335.94
Net income£48,538.75£4,044.90

Dividend tax by band

BandRateDividends in bandTax
Dividend allowance0.00%£500.00£0.00
Basic rate8.75%£37,200.00£3,255.00
Higher rate33.75%£2,300.00£776.25
Total dividend tax£40,000.00£4,031.25

On a salary of £12,570 plus £40,000 in dividends (England, Wales & Northern Ireland), your total income is £52,570. After £0 income tax on salary, £4,031 dividend tax, and £0 National Insurance, you would take home £48,539 per year (£4,045 per month). Your effective overall tax rate is 7.7% and your effective dividend tax rate is 10.1%. The first £500 of your dividends is covered by the dividend allowance and taxed at 0%.