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Investment Income - Earning an income from your investments

What is Investment Income?

For many individuals, the only taxable income needing consideration is their salary. This is taxed at source (unless you are self-employed),  which means that the tax is deducted directly from the wage packet.

However, increasingly people are looking for investment income to supplement any other earnings. Investing is increasingly becoming more accessible and mainstream. Many people now have an investment ISA, where any income accrued is not subject to Income Tax.

For those who are retired, investment income (for example through a SIPP) may be an important consideration. It may also be important for those looking to supplement their salary.

If investing for income is something you are considering, it may be useful to speak to an independent financial advisor.

 



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