We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
HMRC & savings interest for HRT query
Comments
-
I may have mixed up personal allowance with personal savings allowance i.e Ie I believe I get £1k personal savings allowance against interest tax and £2k against dividends (reducing to 1k etc)Dazed_and_C0nfused said:
3. There is no separate allowance for dividends. If you have no spare Personal Allowance and check your Self Assessment calculation you will see that all dividends have been taxed, albeit the first slice at 0%.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards