Basic Rate of Income Tax Print

For the years 2020/21, and 2021/22 the basic rate of income tax is 7.5% for dividend income, and 20% for all other non-dividend income. For 2020/21 the basic rate income tax band is on income up to £37,500. For 2021/22 and the years up to 2025/26 the basic rate band is being frozen at £37,700.

Start a Conversation

How can we help you? Please complete all fields