Investment Trusts have to pay out 85% of their dividends:
https://www.sharesmagazine.co.uk/articl ... e-reserves
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Excess Reportable Income on Accumulation ETFs
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Re: Excess Reportable Income on Accumulation ETFs
GeoffF100 wrote:Investment Trusts have to pay out 85% of their dividends:
Strictly speaking that's at least 85%. They can however choose to charge expenses to revenue. There's no dividend tax liability on the 15% balance. To the extent that retained dividends infkuence the share price, any tax comes under CGT rules,
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Re: Excess Reportable Income on Accumulation ETFs
Hi All.
Thanks for this thread, I have learned a bit from it!
I have opened a new brokerage account to handle my non-tax-sheltered investments to come - see the thread below
This has made me think about my default option - as it would previously likely have involved Irish-domiciled ETF's. These now look less attractive.
Regards, Newroad
Thanks for this thread, I have learned a bit from it!
I have opened a new brokerage account to handle my non-tax-sheltered investments to come - see the thread below
This has made me think about my default option - as it would previously likely have involved Irish-domiciled ETF's. These now look less attractive.
Regards, Newroad
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