budget 2k divi allowance9 Mar 2017 19:32
Another nail in the coffin for non isa shareholders. 3 years ago it wasnt worth paying to put shares in an isi, now thats changed. I would be better off if vod paid no divi, because as said many times, the divi comes out of the sp. ok so i can put them in an isa, but that costs, & only 20k per year per person. I think high divis only suits company directors that pay less tax on divis than salary, or cap gains tax. If vod pays a 10p divi, over 2k you receive 9.25p, but the sp will fall by 10p If you own 100k shares over the 2k allowance , you are losing £750 a year. If the divi was 20p you lose twice as much. At the end of the day the budget change is daylight robbery for private investors!