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Posted Mon, 22 Apr 2024 23:27:50 GMT by Fashman
I receive a very small amount of dividend income, much less than even the new £500 allowance. When I put these on my SA form they appear to be added to my taxable income despite being below the allowance. Should I not be declaring dividends today are below the limit? I'm an additional rate taxpayer, but that shouldn't affect dividend allowance?
Posted Thu, 25 Apr 2024 13:50:01 GMT by Neil Stone
I too have the same problem !!
Posted Fri, 03 May 2024 06:44:01 GMT by HMRC Admin 25
Hi Fashman,
It could be that you're entering your dividends in the wrong section of the tax return .
To allow us to advise your further, contact us by webchat or phone here:
Self Assessment: general enquiries
Thank you. 
Posted Fri, 03 May 2024 07:54:23 GMT by BellaBoo
Hi not HMRC Admin but it isn't a mistake. All dividend income counts as taxable income. Just the first £500 for 24/25 (£1000 for 23/24) is taxed at 0%.

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