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Investment Income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Investment Income

  • This topic has 1 reply, 2 voices, and was last updated 1 month ago by JillyB.
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  • December 16, 2022 at 3:01 pm #674765
    James124
    Participant
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    I am unable to figure what Investment Income means? You have used many times verbally during the lecture but I have not found in written form in notes. Does Investment income means taxable income which includes property income, employment income and trading profit from self-employed?

    December 17, 2022 at 3:06 pm #674814
    JillyB
    Moderator
    • Topics: 0
    • Replies: 187
    • ☆☆

    Investment income comes from the money you have invested in say a bank or building society.

    You give them – say – £5000 – you invest it with them and they in turn pay you interest – say 2%pa.
    The interest you receive is investment income.

    It does not include salary as this is earned income.
    Soome would say that property income is investment income as you bought a property and it provided a return for you – rental income – but I would not include it under investment income myself.

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