{"id":66,"date":"2016-04-06T15:34:27","date_gmt":"2016-04-06T14:34:27","guid":{"rendered":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/?p=66"},"modified":"2019-01-07T22:03:27","modified_gmt":"2019-01-07T22:03:27","slug":"with-effect-from-6-april-2016-dividends-and-bank-and-building-society-interest-are-paid-gross","status":"publish","type":"post","link":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/2016\/04\/06\/with-effect-from-6-april-2016-dividends-and-bank-and-building-society-interest-are-paid-gross\/","title":{"rendered":"With effect from 6 April 2016 dividends and bank and building society interest are paid gross"},"content":{"rendered":"\n<p>&#8230;and, from 6 April 2017 interest payments from OEICs, authorised UTs, investment trusts and peer-to-peer loans are also paid gross. All individual taxpayers (so not trustees) are entitled to a \u00a32,000 dividend allowance (was \u00a35,000 in 2017\/18) and to a personal savings allowance of \u00a31,000 (basic rate taxpayer) or \u00a3500 (higher ratetaxpayer). On income in excess of these allowances basic rate for dividends is 7.5%, higher rate is 32.5% and additional rate and trust rate is 38.1%. Equivalent income tax rates on savings income are 20%, 40% and 45%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;and, from 6 April 2017 interest payments from OEICs, authorised UTs, investment trusts and peer-to-peer loans are also paid gross. All individual taxpayers (so not trustees) are entitled to a \u00a32,000 dividend allowance (was \u00a35,000 in 2017\/18) and to a personal savings allowance of \u00a31,000 (basic rate taxpayer) or \u00a3500 (higher ratetaxpayer). On income in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/2016\/04\/06\/with-effect-from-6-april-2016-dividends-and-bank-and-building-society-interest-are-paid-gross\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;With effect from 6 April 2016 dividends and bank and building society interest are paid gross&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,6,7],"tags":[],"_links":{"self":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/66"}],"collection":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":2,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":69,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions\/69"}],"wp:attachment":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}