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Health and Social Care Levy
Arthurian
Posts: 829 Forumite
Just wondering - outside of an ISA, how would the new 1.25% health and social care levy on dividend income apply to accumulation funds and income funds? Would they be treated differently, do you think?
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Comments
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Everything I've seen says it's a straightforward 1.25% percentage point increase to dividend tax. Nothing I've seen suggests any kind of dividends will be treated differently. Dividends from funds will be taxed at 8.75% at the basic rate same as any other kind.The "health and social care levy" isn't a real thing, it's just an increase in an existing tax.2
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A flat 1.25% rise across the board
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