The Lemon Fool

Investment Trusts have to pay out 85% of their dividends:

https://www.sharesmagazine.co.uk/articl ... e-reserves

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,

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

https://www.lemonfool.co.uk/viewtopic.php?f=26&t=33685

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