Donate SIGN UP
Home > Business & Finance > Tax on share divi's

Tax on share divi's

Avatar Image
gjbryant | 11:43 Mon 25th Jun 2007 | Business & Finance
1 Answers
Should I be paying tax on dividends received on shares outside of an ISA, it seems the inland revenue have taken 40% of my divi's . Shouldn't this have been part of my capital gains allowance or is that only for gains in the share price, many thanks
prev property tycoons daughter
  
next interest on youth account tax
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by gjbryant. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image dzug
Yes it's correct.

If you are a standard rate tax payer the tax credit will cover you, but if you pay higher rate tax you must make it up to 40%

CGT is only on realised gains on the share price.
13:31 Mon 25th Jun 2007

Only 1 answerrss feed

Do you know the answer?

Tax on share divi's

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.