The answer to this question in most cases is still yes!

For the 2018/19 tax year the tax rates dividends are charged is 7.5% basic rate, 32.5% higher rate and 38.1% additional rate. In addition to this the first £2,000 of dividend income is tax free.

This compares to employment income which is charged at 20%, 40% and 45%.

Though these rates are not as generous as they were a few years ago, it still proves beneficial to draw profits in the form of a dividend.