Changes to the amount of income from a divided before tax is added is to change from April this year, and has been removed, and replaced by a tax-free Dividend Allowance. Regardless of non-dividend income you have, the first £5,000 of income from Dividend?s will be tax free. New stages of tax will then be applied to anything over the first £5,000, only those with significant dividend income will pay more tax.
« Return to news section
Please be aware these articles are for general information purposes only and correct at time of printing. We will
not accept responsibility for any errors made or actions taken by any readers that have acted on the information
contained. Answers given are for guidance only and specific advice should be taken before acting on any of the
suggestions made. All information is based on our understanding of current tax practices, which are subject to
change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.
