Bonds and bond funds are taxed differently from equities and from each other. Make sure you don’t incur the wrath of the taxman with our quick guide to the ins and outs.
income tax
Do you know how much you’re allowed to keep of what you earn? The answer might surprise you.
Many investors think that they don’t have to pay tax on their dividends squirrelled away in accumulation units. They’re wrong!
Taxes are going up on those of us who work out of limited companies. Time to take Friday’s off?
Congratulations, you’re paying more income tax this year to fund profligate public spending. If this is news to you, you’re not alone.
Tax, schmax. Nobody likes paying taxes: from the richest to the poorest, we all think we’re getting a poor return, even if we believe in theory, as me and Warren Buffet do, that taxes are a necessary evil for the good of society. Given that I’d rather write a dinner invitation to my mistress’s mother-in-law [...]
This is the third article in a series on the key UK personal tax changes from April 2008. For the others, please see the introduction. Basic rate of income tax has been cut to 20% At last, something to cheer about! The world economy is in turmoil, banks are going belly up, and stock markets [...]