Guides
Guides for UK investors.
Explanations of the calculations behind a UK investor's balance sheet: returns, tax on the way out, gilts, wrappers, pensions, exposure and net worth. Each one works through an example, and ends with what Fairworth does with the same question.
Newest guides
Returns and benchmarks
How a return is measured, why two figures for the same portfolio can disagree, and what a fair comparison looks like.
2 guides
Tax and wrappers
How UK tax applies to what you hold, and how ISAs and pensions change it.
3 guides
- Flat fee vs percentage platform fees: where they cross
- Moving an ISA or SIPP without losing the tax wrapper
- What your ISA, pension and investments are worth after tax
Gilts and cash
UK government bonds and cash: what you pay, what comes back, and how each is taxed.
3 guides
- Gilt ex-dividend dates: who gets the coupon
- What is a gilt ladder, and how is it taxed?
- Gilt accrued interest and the dirty price, explained
Pensions
Finding, adding up and understanding workplace and personal pensions.
1 guide
Net worth
What belongs on a personal balance sheet, and the figures worth reading from it.
2 guides
Funds and exposure
What your funds hold underneath, by region, sector and currency.
1 guide
Private markets
Private equity and other unlisted funds: commitments, calls, distributions and how their returns are read.
2 guides
Nothing in these guides is investment or tax advice. Tax rules are stated for the tax year each guide names, and may change.