RE: Dividend taxes12 Sep 2020 16:49
if you have an ISA you can put up to 20,000 a year in it in the uk. it is then inside the tax wrapper any raise in share price or dividends can be kept in that account and are not counted towards your 20,000 a year limit. Also you don't get taxed on it when you take it out. with Aim shares it is better as you don't have to pay tax when dealing in aim share where as FTSE 100 shares you pay tax when buying and selling them but not huge amounts.