Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

Excess Reportable Income on Accumulation ETFs

Index tracking funds and ETFs
GeoffF100
Lemon Quarter
Posts: 4724
Joined: November 14th, 2016, 7:33 pm
Has thanked: 178 times
Been thanked: 1363 times

Re: Excess Reportable Income on Accumulation ETFs

#486934

Postby GeoffF100 » March 16th, 2022, 2:11 pm

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

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

Alaric
Lemon Half
Posts: 6035
Joined: November 5th, 2016, 9:05 am
Has thanked: 20 times
Been thanked: 1400 times

Re: Excess Reportable Income on Accumulation ETFs

#486957

Postby Alaric » March 16th, 2022, 3:15 pm

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,

Newroad
Lemon Quarter
Posts: 1090
Joined: November 23rd, 2019, 4:59 pm
Has thanked: 17 times
Been thanked: 341 times

Re: Excess Reportable Income on Accumulation ETFs

#487096

Postby Newroad » March 17th, 2022, 9:19 am

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


Return to “Passive Investing”

Who is online

Users browsing this forum: No registered users and 8 guests