Tax on retirees

  1. BenGrahamReborn
    3,346 Posts.
    lightbulb Created with Sketch. 6
    clock Created with Sketch.
    04/04/18
    16:18
    Post #: 32218912
    Folks,

    If you have a high level of savings (eg 1,000,000) external to your house you will likely invest it in shares, term deposits etc.

    Let's say you make 60k in one year on your investments.

    Do you pay income tax?

    Sorry if this is obvious/irritating.
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.