W.W.H. Ewens Insurances Adviser
David Ewens – Chartered Financial Planner in Romsey
How much income can you receive before paying tax? How much income can you receive before paying higher rate tax (40%)? How much income can you receive before paying additional rate tax (45%)? How much dividend income can you receive before paying tax? Tax on Dividends National Insurance Contributions (NICS) Capital Gains Tax (CGT) Inheritance Tax (IHT) ISA contribution limits A number … Read more
Explanation How much guaranteed annual income would £600,000 buy a healthy sixty five year old living in the south of England? Income is pegged to RPI inflation each year and would provide 50% spouse’s income if the purchaser dies first. This graph is a very rough indication only and is based on quotes obtained over … Read more
15th March 2023 by David Ewens How much income can you receive before paying tax? How much income can you receive before paying higher rate tax (40%)? How much income can you receive before paying additional rate tax (45%)? How much dividend income can you receive before paying tax? Tax on Dividends ISA contribution limits Capital Gains Tax (CGT) Inheritance Tax (IHT) Pensions This … Read more
Income tax Basic rate of income tax will reduce from 20% to 19% from April 2023 From April 2023 there will be a single, 40% higher rate of income tax as the 45% “additional” rate is abolished. National Insurance Contributions (NICS) From 6th November 2022, NICS will decrease by 1.25% and a separate Health and Social … Read more
Background 20/02/2022– This is my Stocks & Shares ISA consisting of over 30 managed funds. I charge the ISA 3% on each contribution plus 0.5% per annum of fund value for an investment performance review. The yellow line shows value after costs and the blue dotted line shows gross contributions. Green block shows money taken out. … Read more
How much income can you receive before paying tax? 2021/22 – £12,570 2022/23 – £12,570 this allowance level will be frozen until April 2026 you start to lose this allowance when annual income exceeds £100,000 How much income can you receive before paying higher rate tax (40%)? 2021/22 – £50,270 2022/23 – £50,270 this threshold will be frozen … Read more
I am currently working from home and can be contacted by email or office telephone as usual. Letters sent in the post may not be picked up swiftly so if anything is urgent, please chase up by phone or email. Most investment company employees are also working from home. This means service may be a … Read more
Background 21/02/2020– This is my Stocks & Shares ISA consisting of over 30 managed funds. I charge the ISA 3% on each contribution plus 0.5% per annum of fund value for an “investment performance review”. The yellow line shows value after costs and the blue dotted line shows gross contributions. Green block shows money taken out. … Read more
How much income can you receive before paying tax 2018/19 – £11,850 2019/20 – £12,500 you start to lose this allowance when annual income exceeds £100,000 How much income can you receive before paying higher rate tax (40%)? 2018/19 – £46,350 2019/20 – £50,000 ISA contribution limits The annual ISA limit will remain at £20,000 for 2019/20 The … Read more