§ Dividend Tax Calculator · Higher-rate taxpayer
Dividend tax for higher-rate taxpayers.
Dividends sit on top of other income for band determination. Once total taxable income crosses £50,270, additional dividends are taxed at 35.75% (post-April-2026, was 33.75%). The 2pp rise lands hardest on this band.
§ Example — £30,000 dividends · £50,270 other income
On £30,000 dividends (with £50,270 other income), total dividend tax is £10,546 — effective rate 35.15%.
Band breakdown
- Dividend allowance (0%)
- £0tax
- Higher rate (35.75%)
- £10,546tax
£500 covered
£29,500 in this band
- Total income
- £80,270
- Dividends
- £30,000
- Dividend tax
- £10,546
- Effective rate
- 35.15%
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