Uk Dividend Tax Rates 2024/24. The chancellor confirmed in the autumn statement the following rates of income tax on dividend income which will remain through 2022/23 and into the 2023/24 year as well: Above this amount, any dividends you receive from your limited company will attract the following personal tax rates, based on whichever income tax band (s) you fall into:
The basic rate (20%), the higher rate (40%), and the additional rate (45%). The tax free dividend allowance for the 2023/24 financial year has been halved from ยฃ2,000 in 2022/23 to ยฃ1,000.
