The dividend allowance is the amount of dividend income an individual can receive tax-free each year, currently £500 for the 2026/27 tax year. Any dividend income above this amount is taxed at dividend tax rates through self-assessment.
The dividend allowance is the amount of dividend income an individual can receive tax-free each year, currently £500 for the 2026/27 tax year. Any dividend income above this amount is taxed at dividend tax rates through self-assessment.