Wasn't sure where to put this, so sorry if it's in the wrong place.
Today I recieved a tax credit in my ISA for dividend paid by Scottish Mortage IT.
I have held this IT in this ISA since 2005 and never had a tax reclaim before. What's changed?
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Taxation of Scottish Mortage dividends in ISA
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- Lemon Half
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Re: Taxation of Scottish Mortage dividends in ISA
bobsmydog wrote: What's changed?
The administrative competence of your ISA provider perhaps.
You can see tax reclaims in an ISA, but that's only if there's a Property Interest Distribution from a REIT or an interest distribution. I don't think either apply to the Scottish Mortgage Trust.
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- Lemon Pip
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Re: Taxation of Scottish Mortage dividends in ISA
Alaric wrote:bobsmydog wrote: What's changed?
The administrative competence of your ISA provider perhaps.
You can see tax reclaims in an ISA, but that's only if there's a Property Interest Distribution from a REIT or an interest distribution. I don't think either apply to the Scottish Mortgage Trust.
Ah, that will be a selftrade incompetancy then!
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- Lemon Pip
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Re: Taxation of Scottish Mortage dividends in ISA
Update. They have apologised - wrong information, the refund was not for scottish mortgage but impact healthcare REIT .... makes sense now!
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