Section 4 Increase in dividend ordinary and upper rates
United Kingdom
(1)
In section 8 of ITA 2007 (which provides, among other things, for the dividend ordinary rate and dividend upper rate)—
(a)
in subsection (1) (the dividend ordinary rate), for “8.75%” substitute “10.75%”, and
(b)
in subsection (2) (the dividend upper rate), for “33.75%” substitute “35.75%”.
(2)
The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.