Dividend tax squeeze to hit record 3.7 million people
11 August 2025
The number of individuals paying dividend tax is expected to reach a record 3.67 million in the 2024/25 tax year, following successive cuts to the dividend tax-free allowance. The figure, obtained by Quilter through a Freedom of Information request to HMRC, is double the number recorded just two years earlier. The allowance was reduced...