This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

income from investment fund

fastman
Posts:1
Joined:Sat Feb 11, 2017 1:36 pm
income from investment fund

Postby fastman » Sat Feb 11, 2017 1:39 pm

My mother has an investment fund , from which she receives an income of £330 a month. Does she need to pay tax on this

pawncob
Posts:5099
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: income from investment fund

Postby pawncob » Tue Feb 14, 2017 9:39 pm

if her total income exceeds the personal allowance, then yes she does.
With a pinch of salt take what I say, but don't exceed your RDA


Return to “General”