Unused 'Starting Savings Rate' & 'Personal Savings Allowance'

HUMBUG

Can unused 'Starting Savings Rate ' and Personal Savings Allowance be used to add to your Dividend Allowance?

For example year  23/24

Say you earned £12,570  from non-saving and non-dividend income .
You had £5400 interest on bank/building society savings 
You had £2000 share dividend. 

I'm assuming £5000 of that £5400 is taxed at 0%  leaving £400 . 
But then we have Personal Savings Allowance of £1000 so that leaves  £600 unused savings allowance. 

Can this unused £600 be added to your dividend allowance £1000 ?   Therefore £1600 allowance on the £2000 share dividend?

Dazed_and_C0nfused

HUMBUG said:

Can unused 'Starting Savings Rate ' and Personal Savings Allowance be used to add to your Dividend Allowance?

For example year  23/24

Say you earned £12,570  from non-saving and non-dividend income .
You had £5400 interest on bank/building society savings 
You had £2000 share dividend. 

I'm assuming £5000 of that £5400 is taxed at 0%  leaving £400 . 
But then we have Personal Savings Allowance of £1000 so that leaves  £600 unused savings allowance. 

Can this unused £600 be added to your dividend allowance £1000 ?   Therefore £1600 allowance on the £2000 share dividend?

No, those rate bands are specific to the types of income so in your example the dividends would all be taxed,

For 2023-24 this would be,

£1,000 x 0% = £0.00
£1,000 x 8.75% = £87.50

Total tax due on the dividends = £87.50