We explain tax on investment income in plain English, handle it correctly, and make sure you claim every relief you are entitled to, all at a fixed fee.
Tax on Investment Income
Investment income, interest, dividends, bond and fund distributions and peer-to-peer lending, is taxed in different ways with different allowances, and with those allowances now much smaller, more investors owe tax and must report it.
We work out the tax on all your investment income, apply the savings, dividend and other allowances correctly, offset losses, and report it properly, so your portfolio is taxed accurately and as efficiently as possible.
The savings allowance, dividend allowance and capital gains allowance have all been cut, so income and gains that used to be covered now attract tax, making accurate reporting and use of tax wrappers more important than ever.
The Detail That Matters
Investment income, interest, dividends, fund distributions and peer-to-peer lending, is taxed in different ways with different allowances, and with those allowances now much smaller, more investors owe tax and must report it. Getting each type right matters.
Interest uses your Personal Savings Allowance (£1,000 or £500), dividends the £500 dividend allowance at 8.75%/33.75%/39.35%, and peer-to-peer interest is taxed as savings income. Each has its own treatment and rate.
The savings, dividend and capital gains allowances have all been cut, so income and gains that used to be covered now attract tax, and more investors must report through Self Assessment.
We use every allowance, offset losses where relevant, and advise on sheltering income in ISAs and pensions, so you pay tax only on what is genuinely taxable.
With more income now taxable and platforms reporting data to HMRC, correct reporting protects you from penalties. We handle the whole portfolio's tax accurately.
With allowances slashed, many investors now owe tax on income they never had to report before, and each income type has its own rules, so mistakes and missed allowances are common.
Key Figures
How We Help
We handle interest, dividends, fund distributions and peer-to-peer lending income, applying the right allowances and rates to each.
We apply your savings and dividend allowances and the starting rate for savings, so you pay tax only on what is genuinely taxable.
We advise on using ISAs and pensions to shelter investment income, and plan around the shrinking allowances.
All the forms, calculations and correspondence handled on your behalf, so you never have to decode HMRC's rules or sit on hold.
A clear fixed fee quoted after a free call, your position explained in plain English, and never a surprise bill.
We act quickly, and where earlier years are involved we put those right too, reclaiming refunds or minimising penalties.
With allowances slashed, many investors now owe tax on income they never had to report before, and each income type has its own rules. We report it all correctly and plan to reduce it.
Recent Client Outcome
An investor with interest, dividends and peer-to-peer income was unsure what was taxable now the allowances had shrunk.
What we did. We worked out the tax on each income type, applied the savings and dividend allowances, reported the peer-to-peer interest correctly, and advised moving holdings into ISAs.
The outcome. Every type of income was taxed correctly with the allowances used, and sheltering holdings in ISAs reduced their ongoing tax.
Treating each income type on its own rules, and using the wrappers, kept their reporting right and their tax down.
Why People Come to Us
Questions Answered
Want us to handle this for you, end to end?
See our Self-Assessment Accountant →Free fifteen-minute call. Fixed quote within twenty-four hours. Your return filed, every expense claimed, your bill explained, and salon VAT, payroll and accounts handled if you own a salon. Same accountant, start to finish.
Or email info@yourtaxhelp.co.uk, we typically respond within two business hours.
📅 Free consultation calls available weekdays 1pm to 3pm and 7pm to 8pm. Pick a slot that suits you.