RE: Bid of 450p or better in next.....8 Jan 2020 12:16
Thanks Theosus. (I did actually know this) .
In the case of the latest dividend I was stopped tax on part of the dividend (in my ISA) - all to do with REIT's, PIDs etc.
This happens now and again, but my broker claims that PCA paid everyone with the tax already taken off, so I just wanted to disprove that, I am sure it is my broker that is negligent not PCA.
I believe that what happens is when a Reit/PID dividend is declared the broker has to submit details of how many shares they are responsible for are in ISAs, and those dividends are then paid without the tax taken off. If the broker neglects to do this it means I have to tell my broker to reclaim the tax, broker has to submit forms and it takes 4 to 6 week. It's pretty obvious that my broker forgot, just wish they would be honest and not blame PCA.