Tax Code Unexpected Change

Hello, I would like to get some help to understand a change that has been made in my personal tax code for 2024/2025 year. I received a notification of my tax code being change from 1263L to 1177L from April 2024 (New tax year). Effectevily, there is a deduction of more than 800 pounds in my personal allowance, which it says (in the breakdown of tax code) is because dividend income. Now, I do not understan where this change is coming from, as this year and last year, I reported my dividend income to HRMC (dividend income for 2022/2023 was £2400 roughly, basic taxpayer). My tax balance for previous taxyear is settled, so I dont owe any tax from previous tax years. My only income is personal income due to work (basic taxpayer, even with dividend income) and around 2400 pounds in dividends. I cannot find out why this reduction in personal allowance is taking place, when I have no tax withstanding from previous years, and even if I have to pay tax for this dividiend amount next year, it would be far lower than £800 (2400- 1000allowance 23/24=1400, at 8.75% tax rate for basic taxpayer=122.5 pounds). Best Regards

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