ChatterBank3 mins ago
Personal Finance
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I think I earned more interest than the tax free £1000 allowance in 22/23 & 23/24 but have yet to receive any calculation/assessment of tax owed from HMRC. They say the banks will report the... ...
Can anyone explain equalisation? If I buy an accumulating tracker fund for £100 and sell it for £110, the end-of-year tax voucher might say: Interest £1, Equalisation £4. How much counts towards... ...
I'm going to get my state pension in 2026 which will be a bit more than £11,500 per year. The tax allowance is approx a thousand pounds more than that. Just want to make sure this is right: If I... ...
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