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 鈥榙ividend allowance鈥�) from 拢2,000 to 拢1,000 from 6 April 2023 and then to 拢500 from 6 April 2024 for individuals who receive dividend income.
Updates to this page
Published 21 November 2022