20 August 2024
Number of people paying dividend tax doubles in three yearsThe number of people expected to pay dividend tax in the current tax year has almost doubled since 2021/22, a Freedom of Information request from AJ Bell can reveal. HMRC is set to take in just under £18 billion in this tax year alone, with nearly 3.6 million taxpayers subject to tax on dividend income.
The number of people paying dividend tax has...