Dividends above higher rate of tax threshold.

[Clare@InTouch]

IIRC it's 32.5%

Due to a weird interaction between the 40% tax band and the 10% tax credit on dividends

Tax on dividends in higher rates is 32.5% - less the 10% tax credit = 22.5% of the gross. This equates to 25% of the net.

The additional rate (over £150k) is now 42.5% of the gross.

[Halo Jones]

I need a rough guide as to how much tax I'm going to pay next year.

Lots, they need to fund another election