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Managing your PSA
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I can half see where the OP is coming from. It seems to be better to not tip the scales into the higher rate bracket by getting some extra savings taxation (taxed at maybe 20%) but save on your overall tax position. Im in a similar tightrope situation that im managing. I only want to pay 7% on unsheltered dividends . I have cash that would be better off in a savings account but i cant dump it there because it would bring my overall tax position past the higher rate and so subject my unsheltered divis to 32% tax. At that point you might think,well,,, why take the risk of holding those investments when they are being taxed at 32% but its a more palatable risk to hold them at 7% tax..?Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0
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