So ive dissuced with a friend of mine for about 2 hour’s straight, and it’s gotten to a point of him (with some weird, dodgy) newsarticles making me quistion myself…
Just to clear out things.
Am i right in this:
You dont pay tax of the money you deposit into your portfolio (this money has already been taxed before it was deposited)
You (Only) pay tax on gains / dividend
This guy has made me go nuts, saying the money you deposit is also gonna be taxed, along with the gains / dividend.