Richard Curtis reviews the taxation of dividend income for individuals in the United Kingdom.
Dividends are payments by companies to their shareholders as a way of distributing profits. Because those profits are subject to corporation tax, dividends have been taxed at different rates than interest income and capital gains and are subject to their own tax rules.
Taxation of dividends
In explaining ‘How dividends are taxed’, HMRC states first: ‘You do not pay tax on any dividend income that falls
