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taxable income

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

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August 10, 2017 at 2:29 pm #401348
takundachimbuya
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is income from stocks and shares taxable? or is it exempt?
August 14, 2017 at 2:49 pm #401791
Tax Tutor
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Such income is taxable unless specifically exempt, for example when from an ISA. Though dividend income and interest from loan stock is otherwise taxable it may of course benefit from a nil rate band, though this still means that it is taxable but just at a 0% rate
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