Tax on Robo investments

Liffy99

How is tax taken on general robo investment accounts (not ISAs obviously) ?
I have a general account with Nutmeg that invest in ETFs across bonds, equities etc.
At the end of the year, do I declare the notional rise in value, even if I have not withdrawn anything ?
And what if the investment value actually decreases ?
How does the personal tax allowance on profits from stocks and shares come into play ?

badger09

Liffy99 wrote: »

How is tax taken on general robo investment accounts (not ISAs obviously) ?

It isn't.

I have a general account with Nutmeg that invest in ETFs across bonds, equities etc.
At the end of the year, do I declare the notional rise in value, even if I have not withdrawn anything ?

No. 'Notional rise in value' is irrelevant. The only time you need to consider tax - which would be Capital Gains Tax - is when you sell some of your non ISA investments. If you have made a gain of more than £11300 on the investments when you sell, you will have CGT to pay.



And what if the investment value actually decreases ?

Again, only relevant when you actually sell

How does the personal tax allowance on profits from stocks and shares come into play ?

There might be some tax to pay on interest or dividends from non ISA investments.

What sort of amounts are you talking about?