romsey

David’s ISA 2023

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Background 07/02/2023– 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

2022 Autumn Statement

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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 National Insurance Contributions (NICS) Stamp Duty … Read more

2021 Autumn Budget

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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

2020 Budget

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How much income can you receive before paying tax 2019/20 – £12,500 2020/21 – £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%)? 2019/20 – £50,000 2020/21 – £50,000 ISA contribution limits The annual ISA limit will be £20,000 for 2020/21 (currently £20,000) … Read more