Hello
Can anyone tell me how the taxing of fund accumulation work under and ISA wrapper?
Supposing that L7000 in income fund has brought L500 in dividends and L 300 in capital growth, both that values will be rolled into the fund and expressed only on a graph as a rise of value. Will that process of wrapping new, generated by the fund money into it be taxed in any way (I mean in terms of income tax, capital gains tax and corporate tax within the fund itself?
How would the same situation look outside an ISA wrapper?
Thanks for an answer,
THE NOX
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