UK dividend tax
uk_dividend_taxCalculate UK dividend tax using HMRC stacking method, accounting for Personal Allowance tapering and £500 dividend allowance. Provides year-over-year comparison for 2025/26 and 2026/27.
Instructions
Computes UK dividend tax using HMRC's stacking method (dividends sit on top of other income), including the tapered Personal Allowance and the £500 dividend allowance, with a year-over-year comparison. Example: { otherIncome: 40000, dividends: 15000, year: "2026/27" }. Estimate for guidance — 2026 rates from official sources (IRS/Tax Foundation/CRA/ATO/state revenue offices/HMRC).
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| year | Yes | UK tax year. | |
| dividends | Yes | Gross dividends received in GBP. | |
| otherIncome | Yes | Salary / other taxable income in GBP, excluding dividends. |