Do I pay tax when I don’t sell?

In most countries no — gains are taxed when you sell. Exceptions are explained per country, e.g. the Netherlands taxes a deemed return on wealth and Germany taxes accumulating funds yearly with a prepayment (Vorabpauschale).

Which tax is taken from foreign dividends?

The source country often withholds tax first; your home country may credit it. The calculator shows only the home-country rate on gross dividends.

No. It is a simplified estimate from the headline rules. Your situation can differ — check with a tax adviser or the tax authority.

Investing

How much tax do I pay on investments?

Pick your country, enter this year’s gain from selling shares or ETFs and the dividends you received. You see the tax, what you keep and the effective rate — with the holding-period exemptions and allowances of that country.

Country of tax residence

Gain from sales this year£Proceeds − purchase price − feesDividends received (gross)£Before any tax taken

Your income tax band

Tax in total

413.75 £

You keep

5,586.25 £

Effective rate

6.9 %

Tax-free part of the gain

3,000.00 £

Tax on gains	18 % × 2,000.00 £	360.00 £
Tax on dividends	10.75 % × 500.00 £	53.75 £

2026/27: £3,000 of gains a year is tax-free, then 18 % (basic rate) or 24 %. £500 of dividends is tax-free, then 10.75 %, 35.75 % or 39.35 %. A large gain can move part of it into the higher band — not modelled. ISAs are tax-free.

Sources: www.gov.uk, www.gov.uk · Formulas and rates checked 10/21/2026

The result is an estimate for orientation, not financial advice or an offer. Actual terms are set by your bank or provider.

How we calculate

The calculator applies the headline rules for a tax resident private investor holding listed shares and ETFs at a broker in tax year 2026 (UK: 2026/27).

The gain is proceeds minus purchase price and fees for all sales in the year. Losses carried over from earlier years, foreign withholding tax credits, tax treaties and special accounts (ISA, NISA, PEA, TBSZ) are not included.

Each country links to the official source or a tax summary used; rates were checked on the date shown. Where one number would be misleading, the page explains the rules instead.

Formulas and rates checked: 10/21/2026

Questions

Do I pay tax when I don’t sell?: In most countries no — gains are taxed when you sell. Exceptions are explained per country, e.g. the Netherlands taxes a deemed return on wealth and Germany taxes accumulating funds yearly with a prepayment (Vorabpauschale).
Which tax is taken from foreign dividends?: The source country often withholds tax first; your home country may credit it. The calculator shows only the home-country rate on gross dividends.
Is this tax advice?: No. It is a simplified estimate from the headline rules. Your situation can differ — check with a tax adviser or the tax authority.