Question: are profits from shares taxable?
Answer: Earning money from shares. ... Any money that you receive from your investments will be added to all your other types of income, including wages, pensions and rental income, and taxed at the bracket that is applicable to you: Basic rate – 20% income tax: £12,501 – £50,000. Higher rate – 40% income tax: £50,001 – £150,000.