The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

Income tax definition

Income tax is tax that you pay on most types of income, including money earned from employment, profits made by the self-employed, some state benefits, most pensions, rental income and income from a trust. 

Income tax definition

Income tax is tax that you pay on most types of income, including money earned from employment, profits made by the self-employed, some state benefits, most pensions, rental income and income from a trust. 

Incomes excluded from income tax include interest on savings under a fixed threshold, income from tax exempt accounts like ISAs, premium bonds or National Lottery winnings, and the first £5000 of any dividends earned from holding company shares.  

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