Investing for income taxable at 20%

shelley levine

Registered User
Messages
22
Is there any fund I can invest in where annual returns are taxed as income rather than liable for exit tax? Or would I have to buy equities directly?
 

jpd

Frequent Poster
Messages
1,637
To the best of my knowledge, it is now more or less impossible to invest in a fund and avoid Exit Tax.

UK investment trusts can be used, as these are treated as equities and not funds

Dividend income from equities is taxed as income but capital gains are taxed as CGT
 
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