If you want to have complete control over where you invest and the ability to put your money into shares, investment trusts, gilts, bonds, commercial property or exchange traded funds (ETFs), you might want to consider getting a self-invested personal pension (SIPP) rather than a simple ...
Think about the return onpaying off your mortgagefrom a post-tax perspective. The ‘return’ of evencheap debtreduction may be higher than the taxed return from unsheltered cash. Are you maxing out your ISA allowance and yet you can’t or don’t want to put more into a pension? Then ...
Redo your sums. Higher-rate tax payers might look into holding low-coupon short duration gilts instead. Recently these have offered alower-taxed alternativeto savings interest. Why the personal savings allowance is important again Dividend allowance As of 6 April 2024, the annual tax-free dividend ...
While sell/buy of actual gilts does not expose you to CGT it does have income tax implications under HMRC’s Accrued Interest Scheme. When you sell a bond the difference between the dirty price and the clean price i.e the accrued interest, is taxed to income to the seller – because you...
S&P 500 ETFs are a type of index fund that track the performance of the 500 largest stocks in the US.1 Index funds are designed to match – as closely as possible – the return of a particular section of an investible market. The part you gain exposure to is defined by the ETF’s ...