Stagecoach PLC - return of capital


E

eyup

Hey guys,

Am i correct in thinking that any basic rate tax payer, unlikely to require
full CG allowance, should opt for the capital option and instant sale of B
shares over the dividend?

Thanks
 
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T

Terry Harper

Am i correct in thinking that any basic rate tax payer, unlikely to require
full CG allowance, should opt for the capital option and instant sale of B
shares over the dividend?
In that situation, it doesn't matter which option you choose. The
default is the C-share with a single dividend.
 
E

eyup

Terry Harper said:
In that situation, it doesn't matter which option you choose. The
default is the C-share with a single dividend.
thanks terry. I think it is the dividend tax credit i get confused about and
losing 10% in tax. Think I shall go read up on it.
 
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T

Terry Harper

thanks terry. I think it is the dividend tax credit i get confused about and
losing 10% in tax. Think I shall go read up on it.
You never had the tax credit. It's a nominal amount used to establish
whether you are a higher rate taxpayer, or not. The net payout is the
same for a basic rate taxpayer by either route.
 

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