SY C
-
RE: How does the CGT raise affect realized capital loss before 30 Oct?
Hi team, Hope you are well. Could you please advise? Thanks. Regards, Simon -
How does the CGT raise affect realized capital loss before 30 Oct?
Hi team, Suppose I have 10000 realized capital loss before 30 Oct and I make 10000 realized capital gain after 30 Oct, is the taxable net gain is 10000 and is taxed at the new tax rate of 24%, or the loss and gain are calculated separately? Also, is it the same for realized loss carried forward in previous year? Thanks. Regards, Simon -
RE: Can pension contributions reduce tax on dividend and savings income ?
Hi Admin, I would like to double confirm, suppose I have 50270 salary and 10000 dividend, if I put 10000 into private pension, will the 10000 dividend income be taxed in basic rate (8.75%) or higher rate (33.75%)? Thanks. Regards, Simon -
RE: Can pension contributions reduce tax on dividend and savings income ?
Hi team, As it looks contradictory with the below reply, could you clarify whether the pension contribution would affect the dividend tax band? Should the dividend tax be taxed at basic rate if the expanded basic rate tax band is increased by pension contribution? https://community.hmrc.gov.uk/customerforums/sa/116dff9a-41c7-ed11-9ac4-00155d9771aa Thanks in advance. Regards, Simon