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A comment on UK middle classes 'struggling despite incomes of up to £60k a year'. Parent comment

Re:UK middle classes 'struggling despite incomes of up to £6... by callamdelaney on Tuesday February 20, 2024 @06:15AM (#39439953)
Dividend taxes depend on your income tax bracket and also affect it, so they are taxed as income. You get £2,000 tax free, then the rest is taxed as income.

From the link in your post:

Tax band Tax rate on dividends

Basic rate 8.75%

Higher rate 33.75%

Additional rate 39.35%

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