Policy paper

Abolition of the dividend tax credit for non-UK residents

This tax information and impact note is about the abolition of the notional tax credit received by non-UK residents for dividends from UK companies.

• From: HM Revenue & Customs
• Published: 26 November 2025

Documents

Abolition of the notional tax credit on dividends received by non-UK residents

HTML

Details

This measure will abolish the notional tax credit that non-UK residents receive for the tax they’re treated as having paid at the ordinary rate, on dividends from UK companies.