
Income, Growth or both?
The Meaningful Money Personal Finance Podcast
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Is Income Taxed?
Incomes generally taxable at highest rates, because its an income the government must has mont much money of wose account from the income that's coming throgh he door e. But you do get pretty good allowances when it comes to income. We all get personal allow 12, five, 70, that you can earn ininverted commerce each year without paying any tax. Then there is the personal savings allowance. And the first thousand pounds, if er income isf interest rather, its tax free. If you're a basic rate tax payer, it's 500 pounds. If youare highe rate tax payers, dividend allowance, first two thousand quid with the dividends you receive in
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