NetRate

§ Dividend Tax Calculator · Additional-rate taxpayer

Dividend tax for additional-rate taxpayers.

Above £125,140 of taxable income, dividends face the 39.35% additional rate (unchanged in April 2026). The 60% effective marginal rate between £100K–£125K from PA taper still applies.

§ Example — £30,000 dividends · £125,140 other income

On £30,000 dividends (with £125,140 other income), total dividend tax is £11,608 — effective rate 38.69%.

Band breakdown

Dividend allowance (0%)
£0tax

£500 covered

Additional rate (39.35%)
£11,608tax

£29,500 in this band

Total income
£155,140
Dividends
£30,000
Dividend tax
£11,608
Effective rate
38.69%

Calculated at 2026/27 rates. Dividend allowance: £500. Basic rate band ceiling: £37,700. Use the full calculator for your own figures →

§ Other tax bands

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