RE: Tax issue8 Jun 2021 14:57
I apologise Mr.G. When you are a lone sniper, and under fire from an enemy so uncouth that it has yet to discover punctuation, I am afraid that there is no time to check credentials. You just use whatever weapons are available.
I too have investments that have been remarkable for both dividends and the occasional trading. DEC has been average, I bought in almost a year ago at, I believe 131p. People were saying it was a growth stock then.
All I am asking is that someone (company or registrar) takes responsibility for sorting out the ANOMALY that has occurred because of the unique tax situation, that no one fully understands. People are paid vast amounts to understand tax situations.
Unfortunately there are people who start crying or screaming whenever it is mentioned. It isn't going to go away.
Yes I could move my holding to another broker, but that would involve selling from my ISA, moving holding from my trading account to my ISA to free up some money, transferring it to another broker, filling in another W8-BEN, and then having capital in the wrong account should I need it. So it's easier to just keep having a moan until someone listens, or I have enough profit to sell out and forget about it. IF everyone were in the same position, something would be done.