Policy paper

Reduction of the dividend allowance

This tax information and impact note is about the reduction of the dividend allowance.

Documents

Details

This measure reduces the tax-free allowance for dividend income (the ‘dividend allowance’) from £2,000 to £1,000 from 6 April 2023 and then to £500 from 6 April 2024 for individuals who receive dividend income.

Updates to this page

Published 21 November 2022

Sign up for emails or print this page