Dividends

Question 1

First £2,000 on dividend income

Answer 1

0% rate. Available for all taxpayers

Question 2

Dividend income in excess of £2,000 lower tax rate?

Answer 2

8.75% if lower than £37,700

Question 3

Dividend income in excess of £2,000 medium tax rate?

Answer 3

33.75% if between £37,700 and £150,000

Question 4

Dividend income in excess of £2,000 higher tax rate?

Answer 4

39.35% if higher than £150,000