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dividend taxTelegraph
•79% Informative
In 2024 , 1.2 million higher-rate taxpayers will be forced to pay dividend tax, up from 556,000 in 2021-22 .
The tax-free limit on dividend income was brutally slashed in April from 1,000 to 500 by former chancellor Jeremy Hunt .
In the current tax year , nearly 3.6 million investors will pay 17.8bn of dividend tax - double the amount four years ago .
The bulk of the tax bill will be paid by workers in the top 45pc band.
VR Score
84
Informative language
86
Neutral language
2
Article tone
semi-formal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
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