MoneyWeek

Trim your tax bill on Aim

Lockdowns are hopefully behind us, but the bill for the various support schemes has created a hole in public finances. With the government increasing the income tax paid on dividends as part of its Health and Social Care Levy, and other politicians calling for a wealth tax, its clear that income from investment is in the firing line. So “anyone who isn’t currently using their Isa to invest has another reason to do so now, as dividends earned from investments held within an Isa are not subject to dividend income tax”, as Becky O’Connor of Interactive Investor points out. Nor are there taxes on capital gains,

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