Tax returns and planning for individuals with dividend income, interest, stocks and shares portfolios, ISA income and other investment and savings income alongside their other earnings.
The thresholds at which investment and savings income needs to be reported in a self assessment return have narrowed significantly in recent years. Dividend allowances have been cut, the personal savings allowance is more limited for higher earners, and capital gains tax reporting requirements have expanded. Many people with investment portfolios who never previously needed to file now do.
We work with individuals who receive income from shares, bonds, investment trusts, savings accounts and other investment vehicles — making sure everything is reported correctly, all available allowances are used, and the overall tax position is as efficient as it can be.
Investment income rarely sits in isolation. It typically combines with employment income, property income or pension income, and the interaction between all of these affects the overall liability. We look at the full picture.
Dividends from UK and overseas companies above the annual dividend allowance — correctly reported with the right tax credit applied and any foreign tax claimed where applicable.
Bank interest, bond income, peer-to-peer lending returns — correctly reported with the personal savings allowance applied. Higher earners have a reduced allowance that can catch people by surprise.
Disposals of shares, investment trust units and other investments — annual exempt amount, matching rules, bed and ISA planning and the overall CGT position across the year.
Making the most of ISA allowances each year, understanding the interaction between ISA and non-ISA investments, and planning disposals to use annual CGT exemptions efficiently.
Complete self assessment returns incorporating investment income alongside employment, property or other income — all on one return, filed accurately and on time.
Foreign dividends, overseas investment accounts and the interaction with UK tax — including double tax treaty claims and the correct reporting of foreign income on UK returns.
Investment income interacts with employment, property and pension income in ways that affect the overall liability. We look at everything together and make sure the return is optimised across all sources.
Dividend allowance, personal savings allowance, CGT annual exempt amount, ISA allowances — we make sure all available allowances are used correctly every year, not left on the table.
If you have investment income, there are planning opportunities to consider before each tax year ends. We raise these with you in advance — not after the event when it's too late to act.
Free initial consultation, no obligation. If you're not sure whether your investment income needs to be reported, we can advise you.