A taxing question
UK based
My AA is 60/40.
A world tracker ETF for equities and an intermediate duration GBP hedged bond fund for fixed income.
My understanding was that the fixed income assets were best kept in an ISA, and the equities in a general account because of the more favourable tax treatment on equities.
However given the changes in capital gains allowance and dividend taxation is this still true?
Even more aggressive taxation on capital gains appears to be in the pipeline, is it time to rethink optimal use of the ISA?
Thanks in advance.
UK based
My AA is 60/40.
A world tracker ETF for equities and an intermediate duration GBP hedged bond fund for fixed income.
My understanding was that the fixed income assets were best kept in an ISA, and the equities in a general account because of the more favourable tax treatment on equities.
However given the changes in capital gains allowance and dividend taxation is this still true?
Even more aggressive taxation on capital gains appears to be in the pipeline, is it time to rethink optimal use of the ISA?
Thanks in advance.
Statistics: Posted by superbrugha — Mon Aug 12, 2024 4:18 am — Replies 1 — Views 153