Autumn Statement: What it means for your money

Charles Incledon, Client Director quoted in The Financial Times 17 November 2022

“The cut in the dividend allowance and Capital Gains Tax threshold is a double whammy against investors.”

“Whilst high net worth individuals are unlikely to feel much pain from this for many small investors that increase in tax on dividends and capital gains is going to be significant.”

“Cuts to this income could cause a real squeeze on the finances of many small investors, especially those who are retired and depend on dividend income from their shares. Bad news considering that we have a cost of living crisis at the moment.”

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