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Posted Thu, 15 Feb 2024 15:51:44 GMT by
Say I earn £50270 from employment, & receive £5000 in dividends as well, taking me into the higher tax bracket, would the dividends be taxed at 33.75%, rather than 40% as if they were income.
Posted Tue, 20 Feb 2024 10:53:10 GMT by HMRC Admin 19 Response
Hi,

After your dividend allowance of £1000 is deducted, your remaining dividends would be taxed at 33.75% .

Thank you.

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