Dividend Allowances 2017 – 2019

The taxation of dividends was reformed from 6 April 2016. Since that date all taxpayers have been entitled to a dividend allowance regardless of the rate at which they pay tax. For 2017/18 the allowance is unchanged at £5,000.

However, it was announced at the time of the Spring 2017 Budget that it is to be reduced to £2,000 from 6 April 2018.