Guidance
Check how much tax you pay on dividends and interest from savings
Find out how tax on dividend income and interest from savings is worked out by HMRC.
Most people can earn some dividend income and interest from their savings without having to pay tax.
You can find out:
Use this tool if you want to check if you have to pay tax on your dividend income or savings interest, and to find out how the tax is worked out.
Before you start
You cannot use this tool if you:
- file a Self Assessment tax return
- get any foreign income
- get Marriage Allowance
- get Blind Person’s Allowance
To check your tax using this service you will need to have tax code 1257L.
You will also need to know details of any income from employment or a pension for the tax year you’re checking, as well as if you receive any taxable state benefits.