tax on dividends for individual shares vs EFTs
Posted: January 15th, 2017, 6:53 pm
This has probably been discussed ad nauseam, but do I understand right that dividend taxation in UK is more favourable for those holding individual shares than those holding ETFs (and other funds), as for ETFs and funds dividends are treated as income and not subject to dividend allowance and band-dependent rates of 7.5% (basic), 32.5% (higher), 38.1% (additional)?
Moderator Message:
Wrong board not for hyp practical. Moving to tax board. Raptor
Wrong board not for hyp practical. Moving to tax board. Raptor