Business insights

A man in a modern office environment paying taxes in GBP

A Closer Look at Taxing Interest and Dividends

Understanding how interest and dividends are taxed can be more complex than it initially appears. With changing tax rates and specific rules, the simplicity one might expect is often clouded by intricacies. This article provides a brief overview of how savings income is taxed. However, if the income also falls under employment or business income, the rules for those income sources take precedence.