Tax Brackets 2024 Uk. A dividend is a sum of money that a limited company pays out to someone who owns shares in the company, i.e. 40% tax on earnings between £50,271 and £125,140.
Then, you pay income tax at 20% on the next £37,700 (the portion between £12,571 and £50,270). — the 2023/24 income tax rates for britain are:
