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Carers UK Forum • Unearned income
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Unearned income

Posted: Thu Jan 23, 2020 5:17 pm
by Malcolm_2001
I receive a small income from dividends. Is this included in calculation my total earnings? I am retired but not in receipt of any state or private pensions.

Re: Unearned income

Posted: Thu Jan 23, 2020 5:18 pm
by Chris From The Gulag
Yes.

If a standard rate taxpayer , income tax deducted at source.

If enough leeway within the limit , said income tax can be reclaimed back from HM Revenue and Customs.

https://www.gov.uk/tax-on-dividends