Monthly Income Article

talexuser

Telegraph article
http://www.telegraph.co.uk/investing/funds/make-investments-pay-monthly-salary/

about monthly income funds or buying funds distributing throughout the year. But this sentence confuses me. Quote:

"However, anyone investing for income outside of an Isa – including within a Sipp – needs to be aware of the changes happening to the dividend allowance.

For the 2017-18 tax year, investors can earn up to £5,000 in dividend income tax-free, but that will drop to £2,000 from April 2018."

Since when did the dividend allowance affect growth in a SIPP?

Or are school leavers again writing financial articles for the telegraph?

kidmugsy

talexuser wrote: »

Or are school leavers again writing financial articles for the telegraph?

Primary school leavers.

bigadaj

That section is poorly written, in a world becoming increasingly dominated by qualifications journalism is an area unaffected by any educational or qualification standards, and that is evident in many papers, websites and other media.

To be fair they are talking about gaining an income from dividends, so paying out rather than accumulating, and given the average age of a telegraph reader that is probably more pertinent for the target readership, and teh sponsors and advertisers who are providing most if teh income for the newspaper itself.

eskbanker

bigadaj wrote: »

most if teh income for the newspaper itself.

Have we moved on from the Telegraph to the Grauniad?

bowlhead99

To me it just looks like a clumsy way of structuring the sentences, and they probably had something longer in there, which would have made a bit more sense, before editing it down:

No tax whatsoever on your income investing within an ISA.

Anyone who's investing outside of an ISA (oh, and by the way when we were referring to no tax within an ISA we also could say no tax within a SIPP), needs to be aware that the divs allowance is going down next year.

And you can't pull 'or SIPP' into the first sentence because it would be misleading to say there's 'no tax whatsoever' on income in a SIPP because income generated in a SIPP will eventually be taxable when you draw it. But you can lump SIPP-users along with ISA-users as people who don't need to worry about the divs allowance.

I agree what they have there now looks backwards - I guess you could register on the telegraph comments section and then post a useful comment to criticise or clarify, and help the users of that site. But maybe that would be less satisfying than logging on to this site where people know how it all works anyway, and taking the mickey out of the newspaper.
:beer:

bigadaj

eskbanker wrote: »

Have we moved on from the Telegraph to the Grauniad?

Banker or copy editor?

ColdIron

I wonder if an Oxford comma could have been deployed instead of parenthesis, even though it is an abomination in God's eyes

This would never have happened when Simon Heffer was around

talexuser

bowlhead99 wrote: »

a useful comment to criticise or clarify, and help the users of that site

I actually did that last time thay had a gross howler, but never heard anything back, and the article was still up a week later unedited. Insiders say that are routinely making seasoned journalists redundant and replacing them with cheap apprenticeships or interns.

bowlhead99

talexuser wrote: »

I actually did that last time thay had a gross howler, but never heard anything back, and the article was still up a week later unedited. Insiders say that are routinely making seasoned journalists redundant and replacing them with cheap apprenticeships or interns.

Seems to be the way journalism is going, with everyone wanting to just pump out a headline and some basic copy and then start looking for 'new' things to write about rather than fixing what they've got.

After all, they're all competing with Buzzfeed etc for their clicks.

talexuser

I only get one when spending a tenner at Waitrose, but it would be interesting to see if the printed paper had the same errors passing unremarked.

dales1

Yes, the printed paper contained the exact same text.

Dales