They are not taxed at the same rate, income tax goes up to 45 where as dividends stop at 39ish according to the HMRC website. They are also not counted for NI

They are not taxed at the same rate, income tax goes up to 45 where as dividends stop at 39ish according to the HMRC website. They are also not counted for NI contributions as far as I can tell. Admittedly, the difference isn't as much as I thought.