The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Upon the assumption that you have submitted or are qualified to submit a W8-BEN form then the dividend yield is 85% of that quoted for this share, unless held in a SIPP with a qualifying W8-BEN form, when it is 100%.
Watching the BBC2 programme last night about her inspirational battle against bowel cancer I couldn't help thinking throughout how much her life would have been improved (and probably extended) by one of the future Avacta treatments.
The spread was very narrow, so I managed to buy 2x1M for my ISA and sell the same from my trading account only losing £50 on the spreads. I also managed to pocket a £17,33 profit on my trading account. I chose KEFI as the most likely of my AIM shares to need the capital gains protection of an ISA in the near future.
https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html
Above are the current forward prices for the next 12 years. DEC should be able to make substantial profits at these levels, unless costs rise severely.
Ascoyne,
Your broker is, clearly, wrong.
It may well be that the only way to avoid paying the tax through your broker is to change brokers.
Maybe you should ask them why you are being penalised by them, compared with others in your position on different platforms and ask them the procedure for changing platforms.
Mine is Interactive Investor, (Now owned by Aberdeen) which works well. You can actually phone them to discuss any issues and their secure email works perfectly. There are various other possibilities, so DYOR and see if switching makes sense.
Good luck.
Hi, Sam,
You are right with 15%.
Once you have filled in the form, the deduction is zero in a SIPP and 15% in an ISA or held directly.
My wife received $3,346.88 on her 90,000 direct shares and £300.48 on the 10,000 in her ISA.
I received $1,312.50 on 30,000 in my SIPP.
There was a time, around January, 2000, when I did a calculation totalling all of the historic cost of buying put options on Brent, compared with the total pay-out from those hedges. It was positive, in that the result of hedging was a net benefit.
Thereafter, crude prices rose so I didn't expect to achieve a return, so I hedged at the lowest possible level to meet the criteria of the various lenders and that worked out in our favour.