RE: Wow14 Feb 2024 20:53
Skier1 - reality check please
The tories....
- From April 2016, £5,000 Dividend Allowance
- 2017, the government announced that the Dividend Allowance would be reduced to £2,000 from April 2018.
- 2021, the government announced that the rate of Income Tax applicable to dividend income would increase by 1.25 percentage point to 8.75% for the ordinary rate, 33.75% for the upper rate and 39.35% for the additional rate from April 2022.
- £2,000 to £1,000 from 6 April 2023
- £1000 to £500 from 6 April 2024
And some on here believe that having a tory government is good for investors.
Blind leading the blind on this forum, most of the time.
Love and Light
STP
62p by the end of the year