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Dividend Tax Calculator

Estimate 2026/27 UK tax on dividends alongside employment salary, including the £500 allowance, Personal Allowance taper and current dividend rates.

UK · 2026/27Last reviewed 5 August 2026Reviewed after a tax-year or rule changeSource: GOV.UK — Tax on dividends

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Rates & sources2026/27

2026/27 simple salary-and-dividends Income Tax estimate for England, Wales and Northern Ireland. It applies the £500 Dividend Allowance and Personal Allowance taper.

Rates used for 2026/27
Band / figureRate
Dividend Allowance£500
Ordinary rate10.75%
Upper rate35.75%
Additional rate39.35%

Source: GOV.UK — Tax on dividends — source checked for 2026/27.

When to use this calculator

  • Before accepting a pay change, bonus, pension contribution or salary-sacrifice option.
  • When you want a simple take-home estimate before payroll or filing.
  • When you are approaching the £100,000 income level and want to see the personal allowance taper.
  • When you need to convert between hourly, monthly and annual pay.

Worked example: £30k salary plus £20k dividends

Use these sample inputs as a quick scenario test, then change one variable at a time to compare outcomes.

Worked example: £30k salary plus £20k dividends
InputValue
Salary above PA£17,430
Dividends£20,000
Less dividend allowance£500
Taxable dividends£19,500
Basic-rate dividend band remaining (£50,270 − £30,000)£20,270
£19,500 × 10.75%£2,096
Total dividend tax£2,096

This stays in the basic-rate dividend band. With the salary unchanged, dividend income above roughly £20,770 would start using the higher-rate band; that is not a recommendation to time or alter payouts.

How to read your results

Total Net Income

The headline outcome of this calculation. It is most useful when read alongside the supporting metrics rather than in isolation.

Salary Tax

Review this figure alongside your gross income so you can understand deductions before the tax year closes. It is a planning estimate, not a filed return.

Dividend Tax

Review this figure alongside your gross income so you can understand deductions before the tax year closes. It is a planning estimate, not a filed return.

Total Tax

Review this figure alongside your gross income so you can understand deductions before the tax year closes. It is a planning estimate, not a filed return.

Method & assumptionsAuthoritative sources

This calculator estimates 2026/27 UK Income Tax on a simple combination of employment salary and dividends. It applies available Personal Allowance to salary first, tapers that allowance above £100,000 of total income, then stacks taxable dividends into the remaining Income Tax bands. The £500 Dividend Allowance is applied as a 0% dividend band.

It is for England, Wales and Northern Ireland only. It deliberately excludes National Insurance, Corporation Tax, pension and Gift Aid band extensions, savings income, benefits, share schemes, payments on account and a complete Self Assessment calculation. Scottish non-dividend income bands can change the result. Dividends inside an ISA or pension are outside this calculation; verify important decisions with HMRC or a qualified adviser.

Common mistakes

  • !Entering gross income when you really want take-home pay, or vice versa.
  • !Ignoring pension contributions, deductions or local tax rules that change the result.
  • !Comparing monthly and annual figures without standardising them first.
  • !Overlooking National Insurance or student-loan plan differences that apply to you.

What to do next

  • Check the same scenario with related pay or deduction calculators.
  • Keep a copy of the assumptions so you can compare the next tax year or pay period.
  • If you are self-employed, compare this result with the self-employment tax calculator.
  • Check whether a small pension contribution change moves take-home pay more than you expect.

Go deeper — 2 guides reference this calculator

Frequently asked

Dividend tax is paid on income received as dividends from shares or company ownership. In the UK, dividend income above the available Personal Allowance and annual £500 Dividend Allowance can be taxable. This applies to investors and company directors who receive dividends.

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