GMETax
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RE: Dividend Allowance for Non-Taxpayer
I’ve read this thanks. My query is focussed on whether this applies to someone who has no other earnings. I ask this, as there is a distinction for ‘earned’ income when it comes to pension contributions, yet this page makes no reference to ‘earned’ -
Dividend Allowance for Non-Taxpayer
If I have zero earned income, but set up a General Investment Account and start earning Dividend payments - could you confirm how much I can earn in Dividend Payments before attracting Tax? I've read some confusing guidance, as it mostly assumes the person is at least a basic tax payer. A follow up question would be with how Capital Gains and Savings Interest interact with the Dividend Allowance in this scenario.