What will I pay tax on?

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
1 reply 515 views
lemon26lemon26 Forumite
242 Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
Hi, I'm a basic-rate tax payer and I've just opened a S&S ISA - what, if any, interest will I pay? If it makes any difference the ISA is with Fidelity and the funds currently in the ISA are:

Artemis Strategic Assets Acc
Invesco Perpetual Corporate Bond Inc (with income re-invested)
Invesco Perpetual High Income Acc
JPM Natural Resources A Acc
Jupiter Financial Opportunities Inc (with income re-invested)
Jupiter India Acc

I will probably add the Baillie Gifford Emerging Markets Growth A Acc in the near future too if that will make any difference.

As I understand it I will pay 20% tax on all of my funds apart from the Corporate Bond fund but what is the tax against?

Thanks! L


This discussion has been closed.

Cheap Train Tickets

Hidden fares, split tickets and how to beat booking fees

MSE Guides