Stevenage
01438 727141
Hitchin
01462 413249
Cambridge
01223 929150
Bedford
01234 639466
Hemel Hempstead
01442 503901
DIVIDEND TAX CALCULATOR
 

The first £5,000 of dividend income in each tax year will be tax-free.
Those who receive more than £5,000 in annual dividend payments will have to pay tax on that income. The amount of tax they will pay is dependent on which of the three main tax bands they are in.

Basic rate taxpayers - 7.5%
Higher rate taxpayers - 32.5%
Top rate taxpayers - 38.1%

The new dividend tax takes effect on April 6, 2016.