Christopher Rayburn

HMRC website Starting rate for savings You may also get up to £5,000 of interest and not have to pay tax on it. This is your starting rate for savings. The more you earn from other income (for example your wages or pension), the less your starting rate for savings will be. Regarding the definition of other income that must be considered What income would reduce this allowance. Would Dividends from investments in a general investment account, or Capital gains crystalized in that that year be considered. For Example would the £5,000 starting rate for savings be available for someone who has Interest of £18,270, Dividends (from investments) of £5000 & Capital gains of £8000?