Peace : recovery, hopefully especially once Lonmin are back in full swing. But £1 on that alone? - a bit optimistic mate - we need time and some good news directly from SHFT re contracts or progress/profitability to get us that far IMHO Stach : As far as I now understand it, your total dividends, including those in an ISA, contribute to your total income, and therefore do need reporting - BUT I'm waiting for confirmation from my accountant to be certain of that as I may still have that wrong. Turns out he's on holiday til 24th!
Good Morning.As it happens I saw my accountant yesterday evening and she said that indeed that what is a normal process what you describe.Therfore we do not need to do any reports re tax in an ISA.All sorted now.Lets enjoy a tremendous recovery of this share from now on,back to £1.45p where they were a year ago.ATB-Stach.
Got a reply from HL which seems to concur with the line on the direct.gov.uk site...
"Dividends paid to you will be taxed 10% at source so you will be paid 90% of the dividend. We provide bi-annual investment reports in October and April, in the April report will contain a consolidated tax certificate detailing all the information required by HMRC."
Ok not grammatically brilliant but at least it sounds like they are doing it correctly.
...I heard that the miners had decreased their demands....but note, this was on the radio while I was busy and I aint verified it (R4 or R5 - so shld be reliable). Just hope I aint heard what I want to hear rather than what they said! Sure I heard it right though as LMIs price went up yesterday. Hopefull this will start its rise.....had a great day on GKP today fingers crossed this will start to do the business. GLA
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