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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › taxable income
is income from stocks and shares taxable? or is it exempt?
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
