By: OldPro
Have you tried opening spreadbets on your shares instead of buying them? No paperwork with spreadbets – and no taxes. Have to watch what youre doing with margin calls and funding and easy to go mad and...
View ArticleBy: The Investor
@OldPro – I have used a spread betting account before, but only as a dabble. I am familiar with the risks and the theory of using it as a conventional portfolio (i.e. use small positions with a lot of...
View ArticleBy: Thomas Jones
Hi, just a quick note regarding dividend income – for both ISAs and SIPPs the dividend tax credit of 10 per cent is not reclaimable. Therefore, for basic rate tax payers the only additional benefit for...
View ArticleBy: The Investor
Thanks for your comment Thomas. Incidentally, I actually think the 10% tax credit is a bit of a red herring for today’s UK investors, since it’s notional and not reclaimable as such anywhere as I...
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