On demand events

Direct investors at tax year end

Event summary

Tax Year End is a time where many routine planning jobs will be considered, making use of the Capital Gains Tax (CGT) exemption, making your ISA contributions and possibly getting your portfolio in the best shape for the coming tax year.

For many years this may have become almost business as usual. But given the changes to dividend and CGT in the Autumn Statement, it’s perhaps a tax year to pause for thought.

Learning outcomes

  • Describe the Income Tax and Capital Gains Tax treatment of directly held investments
  • Evaluate the benefits of holding investments directly through an insurance bond wrapper

Claiming your CPD

1. The new CGT Annual Exempt Amount for individuals from 23/24 will be

a) £1,500

b) £3,000

c) £12,300

d) £6,150

 

2. The rate of tax on dividends within onshore insurance bonds is

a) 0%

b) 8.75%

c) 33.75%

d) 39.35%

 

3. CGT losses incurred in a tax year are offset against gains before the annual exempt amount is deducted. Is this

a) True

b) False

1. The new CGT Annual Exempt Amount for individuals from 23/24 will be :

a) £1,500

b) £3,000

c) £12,300

d) £6,150

 

2. The rate of tax on dividends within onshore insurance bonds is :

a) 0%

b) 8.75%

c) 33.75%

d) 39.35%

 

3. CGT losses incurred in a tax year are offset against gains before the annual exempt amount is deducted. Is this :

a) True

b) False

Before collecting your certificate please take a moment to provide us feedback on this session, please email prudential.distribution.team@prudential.co.uk

Complete the form below and we’ll email your CPD confirmation to you. Please use the email address that you would usually use when making contact with us.

Ask an expert

Submit your details and your question and one of your Account Managers will be in touch.

Follow us on LinkedIn

Follow us on LinkedIn where you will be the first to see any news, views or support we think matters.

LinkedIn Logo