This is fair enough. But it is also true to say that there are barriers to investing here (time, knowledge, tax and other costs) that just dont exist in lots of other countries.
This is fair enough. But it is also true to say that there are barriers to investing here (time, knowledge, tax and other costs) that just dont exist in lots of other countries.Honestly, if someone finds filing an income tax return comprising of multiple dividends, share disposals, tax credit adjustments etc. difficult, then they shouldn’t get involved in creating and managing their own investment portfolio.
I worked work lots of people who stuck their head in the sand with regards to such matters. I preferred not to store up any skeletons in my cupboard and know plenty of others who are the same. Pleading ignorance doesn't cut much ice with Revenue as far as I know.You must have worked with some exceptionally tax compliant colleagues....my experience is different, most don't declare profits arising out of company share disposal, relying on ignorance etc as a defence if collared.
This is discussed at length in other threads. Particularly in relation to the tax treatment of ETFs and unit linked funds.This is fair enough. But it is also true to say that there are barriers to investing here (time, knowledge, tax and other costs) that just dont exist in lots of other countries.
Is this the best available option as it updates your pie?On Trading212 you can set up a “pie” that mimics the top 30-50 holdings of an ETF and automatically invest at those weightings regularly.